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Monday, October 08, 2007

(2) Nifty Chart For 08/10/07



Nifty : After strength up move last two days Nifty in side way momentum.. Profit booking seen at upper level.. Still medium term momentum up.. Intraday chart give negative divergence in Nifty, Sensex ,and all script.. Caution at every up move.. May be side way momentum ,or minor correction on the way. But we go with trend only. Momentum turn strong only above 5243/5262.. Below 5200 momentum down. Above 5200 momentum up. Supports for down side at 5172/5164/5128/5108/and strong support 5060.. Resistance for up move at 5200/5243/5262/5280.. Trade with our Nifty cash buy sell level which are given above Nifty chart…

Posted by MY CHART at 10/08/2007 07:31:00 AM

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