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Friday, December 16, 2011

(1) Nifty Chart & Levels For 16/12/2011 ::


Nifty :: Counter Attack bullish candle with volume.. NSI turn up from low and made bullish divergence.. Bull-Bear power still in sell mode.. Short term indicator turn up from oversold region.. Now as far as Nifty hold support 4700/4697 momentum seems up and use buy in deep strategy, near support in correction, with small S.L 4673 .. For small swing in intraday treading watch important level 4748/4735.. Below 4735 momentum seem down, for small swing sell, with S.L 4748, above 4748 momentum turns up, for small swing buy, with S.L 4735.. Resistance for up move at 4768/4775/4792/4811/4834.. Supports at 4735/4717/4697/4673..

Posted by MY CHART at 12/16/2011 01:59:00 AM

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