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Wednesday, August 12, 2009

(1) Nifty Chart For 12/08/2009 ::


Nifty :: As per our yesterday post Nifty exactly take support near 4398 and made double bottom. From last three day’s volume decreasing constantly .. Now for 12th Aug 4398 double bottom works as strong support below 4398 watch next strong support zone 4323/4284.. Still situation under control for bulls.. Our strategy for 12th Aug up to 4398 buy in deep (4398) Sell at high (S.L 4565) .. Once Nifty break 4398 change strategy as sell at high buy in deep up to 4323 (S.L 4284).. Avoid shorting near 4398/4323/4284.. Resistance for up move at 4495/4503/4515/4565/4600.. Supports at 4398/4337/4323/ 4284..

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