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Wednesday, June 03, 2009

(1) Nifty Chart For 03/06/2009 ::


Nifty :: Exactly take support near our stop loss 4450 and made Long Legged Doji candle pattern with double bottom.. Undeceive movement. Now for 3rd Jun watch strong support 4450 and resistance 4586.. Take position once Nifty break this two level…Till then our strategy for intraday up to 4586 sell at high (S.L 4650) Buy on deep (S.L 4450/4436).. Resistance for up move at 4586/4630/4650/4694/4720.. Supports at 4450/4436/4400/ 4340…(As we say in yesterday post in such kind of over bough zone be careful in up move and use tighten stop loss in buying)

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