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Tuesday, November 24, 2009

(2) Nifty Chart For 24/11/2009 ::


Nifty :: After breakout of 5080 Nifty exactly touch our first target 5113 which we mention in our last post, and made an Belt Hold Line body gap up bullish candle but as we say in our past post volume again turn low .. Not good sign in technical terms. International market gives support and our market turns up without any major buying interest... Once again we advise be careful at higher level.. Momentum is up but buy only in deep with strictly stop loss.. Our strategy for 24th Nov. up to 5182 if Nifty open gap up sell at high (S.L 5182) Buy in deep (S.L 5050).. Resistance for up move at 5118/5136/5143/5150/ 5162.. Supports at 5063/5050/5022/5000/4993…

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