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Monday, February 15, 2010

(2) Nifty Chart For 15/02/2010 ::


Nifty :: As per our last post, oversold region corrective bounce from low.. Nifty made Belt Hold line bullish candle, but again with low volume. Still Close below gap area resistance level and exactly touch our strong resistance 4844 and came down.. Now after bullish candle on 15th Feb. watch resistance 4831/4844 and support 4800/4795.. Above 4844 momentum once again turn strong for short term.. Our strategy for 15th Feb. As far as hold 4795, buy in deep (S.L 4766) sell at high (S.L 4912).. Resistance for up move at 4831/4844/4859/4885/4912.. Supports at 4800/4795/4766/ 4740..

Posted by MY CHART at 2/15/2010 01:27:00 AM

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