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Thursday, July 09, 2009

(1) Nifty Chart For 09/07/2009 ::


Nifty :: And finally Nifty break H&S pattern and given close below it.. H&S pattern target near 3650 time wise target may be achievable within one month.. But first we look 3870 for mid term within 10 to 18 day’s.. In counter trend watch short term buying zone for pull beck up to H&S neckline in between 3983 to 3966 (just below 4000) .. May be pull beck start before this level and that’s why if Nifty open gap down avoid sell at low.. Our strategy if Nifty open flat sell at high near resistance (S.L 4173) buy on deep (S.L 3966).. If Nifty open gap down wait for support and buy on deep (S.L 3966) sell at high. Resistance for up move 4116/4140/4173/4200.. Supports at 4041/3983/3966/3931/3877/ 3870..

Posted by MY CHART at 7/09/2009 01:33:00 AM

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