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Monday, October 20, 2008

(3) Nifty Chart For 20/10/2008 ::


Nifty :: Exactly close near strong support 3076.. May be more down side is there… Extended C of 5th still running. Now Nifty enter in strong support zone too many long term supports comes at down side. All indicators are in extremely oversold level. Avoid shorting at lower level.. Start buying small – small quantity again for short to mid term prospective at lower level.. Our strategy for 20th Oct. Buy on deep sell at high.. Watch strong support 3050/3000/2950/2900/2783/2676.. Resistance for up move at 3230/3290/ 3338/3436.. Strong support zone 3230 to 3320 works as strong resistance for up move..

Posted by MY CHART at 10/20/2008 02:02:00 AM

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