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Monday, August 11, 2008

(1) Nifty Chart For 11/08/2008 ::


Nifty :: As we say in our last post mid term bullish structure still intact.. After breakdown Nifty close above break down support 4480.. Now for 11th Aug 4470/4460 works as strong support. In one level above 4510 momentum seems up, and below 4510 momentum down.. Watch strong resistance in up swing 4641/4723, And in down move 4500 to 4460.. Our strategy for 11th above 4510 buy on dip (S.L 4460) sell at high (S.L 4641).. Resistance for up move at 4580/4615/4641/4694/4723/4748.. Supports at 4510/4490/4460/4434/4370..

Posted by MY CHART at 8/11/2008 01:02:00 AM

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