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Friday, March 27, 2009

(1) Nifty Chart For 27/03/2009 ::


Nifty :: Today Nifty break an important resistance level and enter in our weekly Elliott wave target zone. Now breakout level 3028/3031 works as strong support for coming days..As far as stay above 3028 momentum up.. Still all world indices are in overbought zone and made long bearish divergence.. May be we see major correction within one or two days.. Avoid buying at high.. Watch first strong resistance zone 3110/3118 above it momentum turns strong .. Our strategy for 27th March buy on deep (S.L 3017) Sell at high.. Resistance for up move at 3110/3118/3150/3180/3221/3240/3250.. Supports 3041/3028 /3017/2996/2965/2939..

Posted by MY CHART at 3/27/2009 03:03:00 AM

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