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Sunday, April 20, 2008

(1) Nifty Chart For 21/04/2008 ::


Nifty :: One by one Nifty try to break all resistance.. After break out of inverted head and shoulder and bullish Wolfe wave, Still too many hurdles for up move.. Strong and most important breakout level at 5025.. Resistance zone at 5019 to 5060 and 5100 to 5160.. As far as Nifty stay above 4905 momentum is up. Our strategy for 21st April buy on dip (S.L 4905) Sell at high (S.L 5025).. Below 4905 we change our strategy as sell at high buy on dip… .. Resistance at 4967/5019/5025/5045/5134.. Supports 4905/4868/4815/4735..

(NOTE ::This up move is corrective up move so please avoid buying at higher level, Buy only in dips and book profit fast at higher level )

Posted by MY CHART at 4/20/2008 01:48:00 PM

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