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Wednesday, October 22, 2008

(1) Nifty Chart For 22/10/2008 ::


Nifty :: Strong up move seen in Nifty chart but as per technical up to 3425 (channel bottom works as strong resistance) momentum seems side way with positive bias.. And that’s why our strategy for 22nd Oct. Book profit at high.. Watch two strong supports at lower level 3175 and 3083. Below 3083 may be we see again new low .Till then our strategy Buy in deep (S.L 3083) Sell at high (S.L 3326).. Supports at 3175/3100/3083/3050/3000.. Resistance 3272/3326/3346/3425/3470..

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