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Wednesday, May 23, 2007

(1) Nifty Chart For 23/05/07

NIFTY CHART

Nifty is Up but…Still Sensex is below all time high…Next resistance for Sensex at 14480/14723 (all Time high) Continued from our yesterday’s post after break out in Nifty whole day it traded in range but finally turned up in last hour…For 23rd May nothing bad in all indicators and chart we are still in upward channel. Oscillator up, and RSI momentum up…If traded below 4252 momentum slightly turn bearish…Below it strong support comes at 4234/4208. So every dip gives us buying opportunity till 4208 intact. Resistance for up move at 4292/4304…Trade with our Nifty spot buy/sell level.

Posted by MY CHART at 5/23/2007 03:26:00 AM

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