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Wednesday, March 25, 2009

(1) Nifty Chart For 25/03/2009 ::


Nifty :: A Long Upper Shadow bearish candle pattern occurred near resistance level.. We clearly indicate such kind of bearish situation in our yesterday post.. Still mid term momentum is up that’s why we watch strong breakout support for further up move.. Watch strong support zone 2873 to 2860 and below it 2810 to 2800.. Momentum once again turn down only below 2800.. Till then our strategy for 25th March if hold first support zone buy in deep (S.L 2860) sell at high (S.L 2950/3021). If market move up sell at high (S.L 2950/3021) buy on deep (S.L 2860)..Resistance for up move at 2950/2970/3021/3085.. Supports at 2906/2873/2860/2810/2800..

Posted by MY CHART at 3/25/2009 01:31:00 AM

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