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Monday, August 24, 2009

(3) Nifty Chart For 24/08/2009 ::


Nifty :: Turns up from strong support zone and given breakout of channel with volume.. But still volume below average.. Be careful in buying at higher level, Nifty treading in Ending Diagonal pattern and may be touch 4800 level in between 2nd to 9th September, but enter in strong supply zone. Watch one level 4519 above 4519 momentum seems up, below 4519 momentum down, watch strong resistance zone 4611 to 4619.. Our strategy for 24th Aug buy ONLY in deep (S.L 4417/4519) Sell at high (S.L 4638).. Resistance for up move at 4543/4584/4611/4619.. Supports at 4519/4492/4486/4417..

Posted by MY CHART at 8/24/2009 01:34:00 AM

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