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Friday, February 13, 2009

(1) Nifty Chart For 13/02/2009 ::


Nifty :: As per our yesterday post Nifty constantly face resistance at higher level.. Nifty and Sensex both exactly correct near 61% level ..Bulls try to hold strong support zone but unable to give thrust for up swing breakout.. Now most important support for 13th Feb at 2877 once break this support watch next strong support 2832/2825.. Close below 2825 next strong support only at 2774/2715.. In one level above 2897 momentum seems up below 2897 momentum down.. Still overall structure is bullish and that’s why avoid selling near strong support..Our strategy for 13th Feb above 2877 buy on deep (S.L 2877) sell at high (S.L 2961)..below 2877 sell at high (S.L 2897) buy on deep (S.L 2825).. Resistance for up move at 2897/2907/2931/2938/2961.. Supports at 2877/2844/2832 /2825/2810/2774/2715..

Posted by MY CHART at 2/13/2009 02:35:00 AM

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