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Friday, April 20, 2007

(1) Nifty Chart For 20/04/07

NIFTY CHART


Nifty : Once again due to international market Nifty fall sharply and take support exactly at lower support line. We put hear two chart of Nifty one is daily and another is intraday.. Look intraday chart we plot there wave cont may be this up move corrective wave so we are in last C lag of 5th wave ( last up move after that market fall bellow 3901).. OR for bull count if market hold above 3901 then change wave count as bullish 5 wave structure.. 3rd of 5th is in progress and target of 3rd at 4164. Then 4th down and 5th up..

Strong support for Nifty at 3958 to 3982.. And strong resistance 4055 to 4063…Trade with our Nifty spot buy sell level magenta color work as strong support and resistance..

Posted by MY CHART at 4/20/2007 02:19:00 AM

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