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Wednesday, November 12, 2008

(1) Nifty Chart For 12/11/2008 ::


Nifty :: Short term momentum once again turn down due to global news. As per our Sunday Sensex post, in Sensex 9630 & in Nifty 2860 an important level for upward target .Below it we change target of upswing momentum.. Watch Important level 2860,Below it next strong support 2784/2750.. As per technical term Mid term momentum still up, as far as Nifty hold support 2450.And that’s why in panic please avoid shorting at lower level.. Our strategy for 12th Nov. Up to 2860 buy on deep sell at high, below 2860 sell at high buy on deep... Resistance for up move at 2973/2992/3057/ 3088/3125.. Supports at 2929/2860/2784/2750/2634…

Posted by MY CHART at 11/12/2008 08:24:00 AM

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