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Wednesday, April 23, 2014

(1) Nifty & MSi Chart & Levels For 23/04/2014 ::


Nifty::
- Black Spinning Top neutral direction candle with Balck Star Reversal possible top formation candle pattern..( Conformation required)
- MSi down trend, but near to middle support..
- Short term indicator hanging at overbought zone..
- Overall short term momentum side ways…
- Avoid buy in gap up or in extended high on future and option expire day..
- In intraday treading on 23rd April. Wait & Watch important support 6805, below 6805 sell with stop-loss 6819..( Again we repeat avoid buy at high)
- Resistance for up move at 6825/6838/6850..

- Supports at 6805/6786/6771/6751..

Posted by MY CHART at 4/23/2014 01:10:00 AM

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