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Thursday, March 26, 2009

(1) Nifty Chart For 26/03/09 ::


Nifty :: Once again an insider day with positive bias.. After a Long upper shadow candle pattern Nifty able to hold last low 2914..!! May be settlement close smoothly without any heavy volatility.. For 26th March Watch strong support 2932/2914 and in up move watch strong resistance 3031/3047.. As far as stay above 2914 our strategy for 26th March buy on deep (S.L 2914) Sell at high (S.L 3047) .. In one level above 2975 momentum seems up, below 2975 momentum down.. Resistance for up move at 3017/3031/3047/3110/3118

Supports at 2932/2914/2906/2866/2856..

(All world indices traded in extremely overbought level without any heavy correction, be caution at higher level, avoid buying at high)

Posted by MY CHART at 3/26/2009 01:55:00 AM

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