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Thursday, August 13, 2009

Nifty Chart For 13/08/2009 ::


Nifty :: Move up exactly as we draw red arrow in 11th post before strong support zone with volume.. Made an bullish Hammer candle pattern.. Please check the Nifty chart we draw strong support and resistance with dark color and lines.. Now in up move Nifty face strong resistance in between 4545 to 4590/4600..Before this level watch resistance zone 4492 to 4510.. For 13th Aug 4300 to 4340 works as strong support zone.. Our strategy for 13th Aug buy in deep (S.L 4407) sell at high (S.L 4600).. Resistance for up move at 4474/4492/4510/4545/4590.. Supports at 4436/4407/4360/4340/4300..

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