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Wednesday, January 20, 2010

(1) Nifty Chart For 20/01/2010 ::


Nifty :: Bearish Inside Out down bar, like body reversal bullish trend, with volume.. But still above breakdown level 5166/5160 and up to 5160 it seems range treading side way momentum.. As we say from last couple of days below 5310 short term momentum down and that's why our strategy for 20th Jan. if Nifty move up or open gap up, sell at high near strong highlighted resistance with (S.L 5310) buy in deep (S.L 5160) .. Resistance for up move at 5245/5252/5271/5187/5300/5310.. Supports at 5208/5200/ 5166/5160..

Posted by MY CHART at 1/20/2010 01:38:00 AM

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