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Tuesday, June 02, 2009

(1) Nifty Chart For 02/06/2009 ::


Nifty :: An corrective wave finally given breakout of 4510 and move up with Y of 5th leg.. Be cautious now Nifty enter in last 5th leg.. Trade with tighten stop loss, and avoid buying at higher level.. Watch carefully strong resistance zone 4602 to 4716.. And above it our 5th leg target zone.. After breakout of 4510 once again momentum turns strong for intraday.. Our strategy for 2nd Jun up to 4510 buy on deep (S.L 4450) Sell at high (S.L 4716).. Resistance for up move at 4560/4580/4602/4694/4716.. Supports at 4510/4450/4386/4340..

Posted by MY CHART at 6/02/2009 02:08:00 AM

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