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Friday, January 20, 2012

(2) Nifty Chart & Levels For 20/01/2012 ::


Nifty :: Again White Spinning top neutral direction candle with 4th bullish Gap..!! Extended manipulated bullish structure.. NSI again near top resistance and still in negative divergence.. All indicator are in overbought region.. As per yesterday night Vix chart posting, any time correction due from high in coming days.. Again we repeat, Be careful at high, and avoid to give long commitment at high, go with intraday trend and book small profit at high, use titan stop in any positional buy near last gap area 4980.. Till then in intraday watch first resistance zone 5023 to 5027 and 5049 to 5067, IF Nifty face resistance at any of this resistance THEN ONLY use sell at high strategy with S.L 5067.. Resistance for up move at 5023/5027/5038/5049/5067.. Supports at 5000/4988/4980..

Posted by MY CHART at 1/20/2012 08:28:00 AM

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