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Thursday, February 19, 2009

(1) Nifty Chart For 19/02/2009 ::


Nifty :: As we say in our yesterday post 2725 upward channel bottom works as strong support.. Nifty made An Thrusting Line Bull candle form strong support level.. Still short term momentum is down and that’s why selling pressure seems at every high .. Short term momentum turns strong if Nifty break 2970 within 3 days.. For 19thth Feb buy on deep (S.L 2707) Sell at high.. Avoid buying at higher level buy only in deep with strictly stop loss... Resistance for up move at 2790/ Feb watch three strong support 2758/2730/2707.. Our strategy for 192825/2858/2880/2900/2940.. Supports at 2758/2730/2707..

Posted by MY CHART at 2/19/2009 02:25:00 AM

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