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Friday, October 24, 2008

(2) Nifty Chart For 24/10/2008 ::


Nifty :: In early trade Nifty open too low and find strong support above 2900, gradually came up and turn green in mid section, In last hour once again selling pressure came at higher level and finally close in red due to global worry.. All Indices are in extremely oversold condition. And that’s why avoid short sell at lower level.. Still hold strong support 2890. Above 2890 or up to 2890 our strategies for 24th Oct. buy on deep sell at high. Below 2890 nest strong support at 2782/2678.. In one level above 2935 momentum seems up below 2935 down.. Resistance for up move at 2995/3046/3098/3196/3219/3280.. Supports at 2890/2854/2782/2695/2678..

Posted by MY CHART at 10/24/2008 08:01:00 AM

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