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Thursday, January 07, 2010

(1) Nifty Chart For 07/01/2010 ::


Nifty :: High wave Body gap up bullish candle with Advance block bear candle.. Volume is high.. Slowly-slowly Nifty heading towards strong Wolfe Wave upper trend line resistance zone.. Be careful at higher level above 5300.. For 7th Jan watch one level above 5274 momentum seems up, below 5274 momentum turn down.. Our strategy for 7th Jan if Nifty open flat buy in deep near yesterday low 5360 (S.L 5238) sell at high (S.L 5338).. If Nifty turn up and face resistance in between 5326 to 5358 sell at high (S.L 5338) buy in deep (S.L 5274).. Resistance for up move at 5314/5326/5333/5338/5360 .. Supports at 5274/5260/5238/5208…

Posted by MY CHART at 1/07/2010 02:13:00 AM

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