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Tuesday, October 14, 2008

(1) Nifty Chart For 14/10/2008 ::


Nifty :: We clearly say in our yesterday post any time bounce beck possible from support and Nifty bounce beck from our first support 3192.Exactly made low of 3198 on Friday.. Short term momentum clearly up above 3463.. Still too many strong hurdle at higher level avoid buying at high near 3700/3800.. May be Nifty once again came down in coming days and settle at lower level for big up swing move..In one level above 3522 momentum seems up, below 3522 momentum down.. Resistance at 3522/3537/3580/ 3600/3630/3693/3720/3750/3880 .. Supports 3458/3346/And supports zone 3320 to 3230.. (First strong resistance in up move at 3600/3630/3693/3720 above it next strong resistance 3750/3880 .From last three days we buy too many positional call. Book profit in every rise near 3720/3750/3880 level)

Posted by MY CHART at 10/14/2008 01:58:00 AM

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