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Friday, September 05, 2008

(1) Nifty Chart For 05/09/2008 ::


Nifty :: And Nifty exactly correct from our make or break level 4513.Hole the day we see huge volatility with negative bias.. Now for 5th Sep. 4433 works as make or break level, below 4433 next strong support zone comes in between 4390 to 4345,below 4345 next 2 strong supports at 4270/4212.. Our strategy for 5th , if Nifty hold support 4345 then Buy on dip (S.L 4345) sell at high (S.L 4433), OR if open high Sell at high (S.L 4463) buy on dip. Watch strong resistance at higher level 4455/4463/4500

((Note : Technically we are still in bear market side way momentum. Avoid buying at higher level in such kind of sharp up move, Gold ($ 777), Silver ($ 12.20) and Oil ($100 to 105) once again heading towards strong support zone))

Posted by MY CHART at 9/05/2008 07:59:00 AM

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