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Wednesday, June 24, 2009

(1) Nifty Chart For 24/06/2009 ::


Nifty :: We clearly told in yesterday post that be careful in shorting if Nifty open gap down.. And it is, Nifty move up from strong support zone even after breakdown of long mid term trend line.. Today Nifty made an Thrusting line, high wave bullish candle pattern.. Still momentum is down and we see just pullback of over sold level..May be 2/3 day’s Nifty trade in side way momentum with negative bias, that’s why our strategy for 24th Jun sell at high (S.L 4352) Buy on deep (S.L 4182).. Resistance for up move at 4300/4329/4342/4352/4416.. Supports at 4225/4182/4145/4112..

Posted by MY CHART at 6/24/2009 01:18:00 AM

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