October 30, 2011

NIFTY Weekend Update

  • From resistance lines, Month High EMA to Ichimoku cloud everything is showing resistances till 5550 levels. But it is suggested to wait till one sees weakness before going short. 
  • Bearish candles in daily chart after hitting the resistance line will be a safe place to short. 
  • S&P 500 WEEKEND UPDATE

2 comments:

  1. dear san,

    pl provide grid lines in charts so that levels can be read clearly !

    ReplyDelete