Nifty Candlestick pattern on 16/09/08
A long lower shadow occurred. This is typically a bullish signal (particularly when it occurs near a low price level, at a support level, or when the security is oversold).
Nifty EOD for 16/09/08
O:4075.55 H:4090.10 L: 3919.35 C:4074.90
Nifty Cash Support & Resistance
Key Resistance
Resistance1: 3951 Resistance2: 3982 Resistance3: 4046
Key Support
Support1: 4058 Support2: 4026 Support3: 3963
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Nifty Future strategy for 17/09/08
SHORT ENTRY-SELL
Stop2: 4131 Stop1: 4099 Short Entry: 4078
Target1: 4067 Target2: 4056 Target3: 4035 Target4: 3972
LONG ENTRY-BUY
Stop2: 3899 Stop1: 3930 Long Entry: 3951
Target1: 3961 Target2: 3972 Target3: 3993 Target: 44056
Key Resistance
Resistance1: 3961 Resistance2: 3993 Resistance3: 4056
Key Support
Support1: 4067 Support2: 4035 Support3: 3972
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