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Sunday, June 24, 2007

(1) Nifty Chart For 25/06/07

NIFTY CHART


Nifty : After three day straight up move with all type of breakout but last day on 22nd momentum slightly turn bearish..( Look our last two days post we strongly says sell at high till close above 14535 or 4310.And do not stay overnight in buying position). Nifty still above 4209.. Some weakness seen in daily chart so our strategy if Nifty move up on 25th we sell at resistance level with S.L 4310 ..(In one level below 4265 momentum weak and above 4265 momentum up)We strongly say do not sell at lower level still strong support comes at down side 4232/4226/4209/and last 4175.. Once break 4209 then we see change in upward momentum till sell at high and buy on deep…Resistance for up move at 4265/4271/4297/4310..Trade with our Nifty spot buy sell level..

Posted by MY CHART at 6/24/2007 04:31:00 PM

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