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Tuesday, January 08, 2008

(1) Nifty Chart For 08/01/2008 ::



Nifty :: As we say on yesterday post still situation under control for bulls .. Today Nifty take good support and once again bounce back from lower level from strong support 6190.. Once again a spinning top occurred and an insider bar. It mean, price are loosing momentum and once again bulls may be trouble at higher level.. Now for 8th Jan. above 6280 momentum up below 6255 momentum down..Our strategy for 8th Jan. Buy on deep with S.L 6180 and sell at high.. Strong support at 6272/6255/6208 and buying S.L 6180.. Resistance zone up to 6313.. Momentum turn strong only above 6313.. Till then caution at every up move. Next resistance for up move at 6331/6345…Trade with our Nifty cash buy sell level which are given above Nifty chart…

Posted by MY CHART at 1/08/2008 01:38:00 AM

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