Nifty & Nsi Chart & Levels For 28/12/2012

[My Charts]

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From: MyCharts <jay...@gmail.com>
Date: Fri, Sep 28, 2012 at 2:42 PM
Subject: Nifty & Nsi Chart & Levels For 28/12/2012
To: jay...@gmail.com

Nifty :: Exact hold 5638 as per yesterday post and made Counter Attack bear candle with Engulfing line bearish candle pattern.. Need lower low in next candle for bearish conformation, (mean Nifty turns weak ONLY below 5638).. NSI slightly turn up from low.. Short term indicator in down trend with negative divergence.. Confusing mix sign, overall trend bearish but hold support 5638.. As we say before, stuck with level and do small trade both side and avoid buy in extended high.. In intraday treading on 28^th Sep., watch 5653, above 5653 buy with S.L 5638, below 5638 sell with S.L 5645.. Resistance for up move at 5666/5678/5700/5720/5740.. Supports at 5638/5625/5606/5575..

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