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Friday, April 04, 2008

(1) Nifty Chart For 04/04/2008 ::


Nifty: Nifty held above strong support zone. All intraday and daily charts have given positive divergence. May be bullish Wolfe wave is there and may be inverted H&S but it is yet to be confirmed. That’s why still our strategy same as yesterday for 4th April. Buy on dips (S.L 4677) & Sell at high (S.L 4945). Resistance for up move may come at 4820/4866/4880/4916/4945/4970. Supports may come at 4749/4739/4688/4677

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