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Friday, August 08, 2008

(1) Nifty chart For 08/08/2008 ::


Nifty :: With all bearish candle pattern Nifty unable to hold at higher level.. For 8th Aug. watch support 4483/4480 if break this support Nifty correct sharply up to next strong support 4400/4391.. Our S.L for mid term long at 4334 at closing basis.. We advise please don’t short at lower level short advice only at higher level ..Still our strategy same as yesterday Buy on dip (S.L 4334) Sell at high (S.L 4586).. Resistance for up move at 4544/4586/4632/4725/4760.. Supports at 4495/4483/4470/4391/4334..

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