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Wednesday, July 15, 2009

(2) Nifty Chart For 15/07/2009 ::


Nifty :: Short covering with low volume pull beck rally.. Be careful in buying. Nifty enter in strong resistance zone, and few points away from H&S break down level.. Still short term momentum is up but revise your stop loss in profit..Watch strong resistance zone 4184 to 4210.. Our strategy for 15th July once Nifty cross 4135 buy in deep (S.L 4080) sell at high (S.L 4210).. If Nifty move up and enter in strong resistance zone then sell at high (S.L 4210) buy on deep (S.L 4080).. Resistance for up move at 4135/4143/ 4184/4190/4210.. Supports at 4080/4063/4027/4000/3974..

Posted by MY CHART at 7/15/2009 01:54:00 AM

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