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Wednesday, August 27, 2008

(1) Nifty Chart For 27/08/2008 ::


Nifty :: Once again Nifty close above channel support. Last candle made Long Legged Doji. A bullish sign with three white candles, but still too many strong resistances at higher level watch strong resistance 4374 for break out, above 4374 momentum turns up and above 4400 momentum once again turn strong. Till then our strategy for 27th Aug. Sell at high (S.L 4400) buy on deep (S.L 4263).Supports at 4329/4300/4291/4263/4211.. Resistance for up move at 4348/4374/4395/4400/4433/4447/4495..
(Avoid shorting above 4400)

Posted by MY CHART at 8/27/2008 01:07:00 AM

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