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Monday, February 09, 2009

(1) Nifty Chart For 09/02/2009 ::


Nifty :: In our last weekly post we draw an developing Head and Solder pattern with Bow Tie Diametric g leg up move structure.. Hole the week Nifty trade in side way and take support above 2700 level . Still below H&S breakout level 2890.. For 9th Feb watch strong resistance 2880 & 2890...Momentum turns strong only above 2890 for target of 2961/3032 and above.. In one level above 2845 momentum seems up, below 2845 momentum down.. Our strategy for 9th Feb buy on deep (S.L 2809) sell at high.. Resistance for up move at 2880/2890/2905/2961/2972/3032.. Supports at 2820/ 2809/2788/2756/2700..

Posted by MY CHART at 2/09/2009 02:20:00 AM

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