2011/01/19

NSI still in up trend.. Still some steam left in corrective up move as far as Nifty hold 5703.. For intraday treading on 19th watch first resistance 5730, above 5730 momentum once again turn strong till next resistance.. And watch strong support 5703, up 5703 use buy in deep strategy in correction with S.L of 5692.. Avoid buy in gap up opening, due to corrective up move with mid term bearish chart structure..