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Friday, May 15, 2009

(1) Nifty Chart For 15/05/2009 ::


Nifty :: Exactly take support above last pivotal low as we say in yesterday post and made triple bottom.. Nifty again made a Flag pattern in chart. We never seen such kind of repeated pattern in any chart.. (Undeceive Election result effect..!!).. Now watch breakout level 3717 and breakdown level 3525 for further major up or down swing.. Till then our strategy near breakdown level buy on deep (S.L 3525) Sell at high OR near break out level sell at high (S.L 3717) buy on deep.. Use strictly S.L in treading..

(Best strategy is to avoid market for time being )

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