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Tuesday, February 02, 2010

(1) Nifty Chart For 02/02/2010 ::


Nifty :: After an Harami white cross bullish pattern near support zone Nifty move up firmly and made High Wave bullish candle, but again with low volume in up move (conformation of corrective up move).. Be careful at higher level.. From support to currant close, no major resistance is there but now Nifty heading towards strong resistance zone in between 4944 to 4967.. Our strategy for 2nd Feb. if Nifty open flat then buy in deep (S.L 4871) Sell at high (S.L 5036).. Watch resistance zone 4944 to 4967 if Nifty face resistance in between this zone then change strategy as sell at high (S.L 5036) buy in deep (S.L 4888)… Resistance for up move at 4925/4944/4967/4983/5036.. Supports at 4888/4871/4836/4806..

Posted by MY CHART at 2/02/2010 01:56:00 AM

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