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Wednesday, November 19, 2008

(1) Nifty Chart For 19/11/2008 ::


Nifty :: After an bullish candle pattern Nifty once again slide and one more attempt to define bottom for mid term up move.. From last two days we told that avoid shorting at lower level now from today stop shorting even at higher level.. Any time indices made bottom and turns up for mid term.. Momentum turn up above 2770 and turn strong above 2940.. Look this short term correction as buying opportunity for mid term.. Watch strong support 2633 for 19th Nov. Our strategy buy on deep (S.L 2633) Sell at high.. Resistance for up move at 2770/2805/2830/2884/2940/2988/3030.. Supports at 2673/2633/2550/ 2500/2450..

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