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Thursday, May 14, 2009

(1) Nifty Chart For 14/05/2009 ::


Nifty :: Constantly facing resistance at target zone and near upward channel top.. As we say in our yesterday post be cautious at higher level.. Too much selling pressure seen at higher level in today’s trade.. May be before election result we see heavy volatility in between flag pattern to top (Best strategy is to avoid market for time being) .. Avoid selling at lower level.. Our strategy for 14th May sell at high (S.L 3717) buy on deep (S.L 3534) .. Resistance for up move at 3686/3708/3717/3732/3760.. Supports at 3580/3534/ 3526/3485/3458/3417..

Posted by MY CHART at 5/14/2009 01:52:00 AM

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