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Wednesday, March 18, 2009

(1) Nifty Chart For 18/03/2009 ::


Nifty :: As per our yesterday post Nifty create multiple top near 2805..now for further up move required to break this level 2805/2806 above 2806 next strong resistance 2828.. In down move watch strong support 2742/2721/2714.. Still short term momentum down up to 2899 that’s why avoid buying at higher level.. As far as stay above 2742 our strategy only for 18th March buy on deep (S.L 2714) sell at high (S.L 2828) .. In one level above 2775 momentum seems up below 2775 momentum down.. Resistance for up move at 2775/ 2806/2828/2882/2899.. Supports at 2742/2721/2714/2700..

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