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Thursday, July 03, 2008

(1) Nifty Chart For 03/07/2008 ::


Nifty :: As we say in yesterday post avoid selling at higher level,after a swing oversold corrective move of 200 points heavy short covering seen by bears and market move up fast as V shape.. Once again Oil move up and all international market move down, may be give some time to bears for relief down word really to cover there shorts without stop loss hitting..After an Bullish Engulfing Candle pattern at low, momentum turns up for short term.. For 3rd Jul watch this two level, above 4107 momentum up, below 4089 momentum down.. Resistance for up move at 4107/4138/4166/4230/4325/4355.. Supports at 4075/4021/4011/3976/3907…

Posted by MY CHART at 7/03/2008 02:13:00 AM

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