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Thursday, September 25, 2008

(1) Nifty Chart For 25/09/2008 ::


Nifty :: As per our yesterday post Nifty find strong support at bottom near 4110.. Now for 25th Sep. 4110 works as make or break level.. Above 4110 our strategy buy on deep sell at high (S.L 4226).. Below 4110 sell at high buy on dip (S.L 4052).. At higher level 4226 & 4240 works as momentum level, once break 4226/4240 momentum turns strong for next expire..Till then be a stock specific and avoid to give any long or short commitment for next treading day..(Watch break out level 4240 and break down level 4110) Resistance for up move at 4184/4191/4226/4240/4308.. Supports 4110/4052/3992..

Posted by MY CHART at 9/25/2008 01:19:00 AM

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