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Monday, November 17, 2008

(2) Nifty Chart For 17/11/2008 ::


Nifty ::Nifty close below 2860 with slightly big volume. Clearly indicate downward break out for short term.. As per our last week post mid term momentum up as far as stay above 2450.. In down side still too many strong support comes on the way and that’s why avoid shorting at support level. Watch strong support zone 2762 to 2750 And 2727 to 2720.. Our strategy for 17th Nov. If hold last support 2720 buy on deep sell at high. OR if open in green sell at high buy in deep (At Support with S.L 2720 ).. Resistance for up move at 2860/2900/2956/3056/3077.. Supports 2762/2750/2727/2720/2633…

Posted by MY CHART at 11/17/2008 08:38:00 AM

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