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Wednesday, April 22, 2009

(1) Niftyt Chart For 22/04/2009 ::


Nifty :: Hold strong support zone 3319 to 3302.. But hammering near 200 day moving average and once again made an spinning top candle.. Be careful at higher level may be Nifty move up for last leg y , but facing strong resistance at higher level near channel top and y of c leg target zone.. Use every high for profit booking and wait for healthy correction to reenter in market.. Momentum once again strong for 22nd April only above 3441 and close above 3425.. Till then our strategy sell at high (S.L 3441) buy on deep.. Above 3441 change strategy as buy on deep (S.L 3425) Sell at high .. Resistance for up move at 3388/3425/3441/3461/3472.. Supports at 3328/3307/3273/3238/3173..

Posted by MY CHART at 4/22/2009 02:06:00 AM

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