Wednesday, February 22, 2012

Alert!!!

We see a Slow Down trend in coming session.

All short term and long term indicator are in extended overbought with negative divergence.
Still, in manipulated global money driven rally, kindly Avoid BUY at high, stay in side at higher level.

In intraday treading watch one level 5658, above 5658 momentum seems UP.

Buy Only above 5636 with SL 5616.

Below 5616 momentum turn WEAK.

Sell at 5636 with SL 5658.

Both side do small trade with Strictly SL.

Resistance:
5608-36-58-84

Support:
5590-64-40-02

Nifty in view of experts