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Wednesday, December 31, 2008

(1) Nifty Chart For 31/12/2008 ::


Nifty :: After an Engulfing bullish patter at down move Nifty exactly take support at 2900 and move up sharply.. Now from here watch strong resistance for up move at 3085/3176.. Our strategy for 31st Dec Book profit at high (Near 3050/3085) and wait for more conformation of up move.. Momentum turns strong in coming days if Nifty close above 3085 and given breakout of 3176.. Till then wait and watch.. Resistance for up move at 3000/3020/3046/3085/3176..
Supports at 2950/2920/2910/2840...

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