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Sunday, December 16, 2007

(2) Nifty Chart For 17/12/07



Nifty: We are saying from last two days that Nifty will correct from higher level and try to take support at lower level but unable to move up. Caution at every high. Avoid buying at higher level. Watch two strong supports for down move at 6015/5992. Once break both support momentum turn down once again. Till then our strategy sell at high buy on dip. Support may come at 5992/5971/5947/5902. Resistance for up move may come at 6075/6105/6166. Trade with our Nifty Cash buy and sell levels which are given above Nifty chart.

Posted by MY CHART at 12/16/2007 09:36:00 PM

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