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Monday, January 16, 2012

(1) Nifty Levels & Treading Strategy For 16/01/2012 ::

Nifty :: Body gap up high wave bullish candle with high volume.. NSI in uptrend but below last top high, may be made negative divergence at top.. All short term indicator in overbought region.. Be careful at high.. As we say before in our message box turning date on 12th or 13th Jan. Watch level 4864, below it use sell at high strategy in intraday treading with small S.L 4876, OR at high again use sell at high strategy with S.L 4915/4928.. Resistance for up move at 4876/4900/4915/4928.. Supports at 4840/4824/4803/4785..

Posted by MY CHART at 1/16/2012 08:14:00 AM

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