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Tuesday, January 03, 2012

(1) Nifty Chart & Levels For 03/01/2012 ::


Nifty :: Black Doji Line possible reversal candle with Harami Black Cross possible reversal candle pattern.. NSI in up trend.. Bull-Bear Power indicator flat. Short term indicator turn up from oversold region.. All sign suggest bullish structure.. Now as far as Nifty stay above 4600 momentum seems side way’s up and use buy ONLY in deep strategy in intraday correction with S.L 4585 or maximum S.L 4567 (Momentum turns strong only above 4690/4701).. Resistance for up move at 4661/4668/4676/4690.. Supports at 4639/4618/4601/4585/4567..

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