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Thursday, December 06, 2007

(1) Nifty Chart For 06/12/07



Nifty :: Momentum turn up once again .. Close exactly below our strong resistance level.. Once break 5950 Nifty move up sharply and try to made new high up to our strong resistance zone 6067 to 6163.. This wave is last wave as 3rd of fifth. .Now its time to exit long if we get max profit which we buy from lower level.. Nothing to worry.. Still maximum target for this up move is 6240/6900(Max target.. Once break old high and strong resistance zone..).. Resistance for up move at 5982/6001/6012 and strong resistance zone 6067 to 6163.. Supports for down side at 5881/5794.. Avoid buying at Strong resistance zone.. It’s also work as first target for 3rd of 5th ..(still Dow in corrective move and strong resistance for Dow Jones 13466/13635) Trade with our Nifty Cash buy sell level which are given above Nifty chart..

Posted by MY CHART at 12/06/2007 08:12:00 AM

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