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Thursday, October 18, 2007

(2) Nifty Chart For 18/10/07


Nifty : After circuit Nifty recover from lower level almost 450 points. Touch and move up from last break out line second time with second highest turnover. Still momentum down for short term below 5595.. Hope for bulls only above 5595.. Till then sell at every high with S.L 5608…or Stay away from market.. Below 5595 may be down or side way market. Resistance for up move at 5595/5608/5708/5734/5760.. Supports for down side 5520/5400 and strong support 5265.. Buy above 5608.. Sell below 5520

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