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Wednesday, September 09, 2009

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


Nifty :: As per our last post even after breakout Nifty face strong resistance in between 4800 to 5000 zone.. Made an Stalled Candle Pattern.. Bearish if Nifty unable to cross 4843 and close above it .. Still Wolfe wave and Ending diagonal pattern valid and that’s why closely watch breakout level 4758.. If hold then nothing to worry for bulls but be careful at higher level (may be correction due within one or two days).. Our strategy up to 4758 buy in deep (S.L 4758) Sell at high (S.L 4924).. If Nifty open up and unable to cross 4843 then change strategy as sell at high (S.L 4843) buy in deep.. Resistance for up move at 4843/4869/4888/4900/4924... Supports at 4767/4758/4743/4727/4697...

Posted by MY CHART at 9/09/2009 02:47:00 AM

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