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Friday, February 05, 2010

(1) Nifty Chart For 05/02/2010 ::


Nifty :: Again an insider day..!! With bearish Harami line, like Belt Hold line bear candle. Forth Range bound treading day.. Now any side breakout or breakdown gives 100 to 200 points swing.. Watch strong support or breakdown level for 5th Feb. 4814 below 4814 next and last support or breakdown level 4766.. Once Nifty break 4766 next hope for bulls only near 200day Ema and our bearish Wolfe wave 1-4 line target (near 4650).. Our strategy for 5th Feb. Sell at high (S.L 4852) buy in deep (S.L 4654).. Resistance for up move at 4852/4885/4913/4950.. Supports at 4814/4766/4731/4692/4654/4613..

Posted by MY CHART at 2/05/2010 02:56:00 AM

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