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Wednesday, April 02, 2014

(1) Nifty & MSi Chart & Levels For 02/04/2014 ::


Nifty::
- Black Hangman bearish candle with low volume.. Hit our small stop-loss toady after sell level break.. Made 7th higher high..
- MSi falling even after price close at all time high..( Extreme manipulation )
- Short term indicator in overbought region..
- Overall short term up move risky. Stay a side above 6714
- In intraday treading on 2nd April. Wait & Watch important support 6714, below 6714 sell with strictly stop-loss 6734..( Now momentum turns bearish only below 6662 as closing basis..)
- Resistance for up move at 6734/6752/6760..

- Supports at 6714/6688/6668/6662..
( At a time of positing Dow index up 80 points)

Posted by MY CHART at 4/02/2014 01:28:00 AM

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