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Friday, October 19, 2007

(1) Nifty Chart For 19/10/07




Nifty : As we say in yesterday post still short term momentum weak.. And Nifty and Sensex correct sharply from New high from our strong resistance.. Now watch care fully Sensex first support level (17976) and our Nifty First Support level (5298) Both are work as strong support level. Below it once again momentum turn weak.. If hold above this support bounce beak may be possible.. Next strong support 5217/5000 ( an important support level and in Sensex 17300)/4900.. Any time bounce beck may be from this support zone so avoid selling at lower level.. Resistance for up move 5432/5495/5600.. Our strategy for 19th Oct. Buy at support sell at high.. Watch 17300 and 5000 close below this level more downside is possible.. Trade with our Nifty Cash buy sell level which are given above Nifty chart..

Posted by MY CHART at 10/19/2007 03:18:00 AM

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