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Wednesday, December 03, 2008

(1) Nifty Chart For 03/12/2008 ::


Nifty :: An Bullish Hammer pattern occurred in Nifty chart. Once again close above channel support. Nifty treading in sideways momentum and that’s why avoid buying at high and avoid sell at low.. Watch two strong resistance at higher side 2780/2820..(As per weekly post B leg close only above 2860) And strong support zone in between 2512 to 2450.. Our strategy for 3rd Dec If open at high Sell at high (S.L 2820) buy on deep. Resistance for up move at 2691/2780/2806/2820/2832.. Supports at 2627/2580/2512/2470/2450..

Posted by MY CHART at 12/03/2008 08:46:00 AM

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