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Wednesday, July 30, 2014

(1) Nifty & MSi Chart & Levels For 30/07/2014 ::


Nifty::
- Long bearish 2nd candle.
- MSi slightly turn up from low..
- Short term indicator turn down from overbought zone..
- Overall short term momentum bearish as far as Nifty stay below 7800..
- Be careful on future and option expire week..
- In intraday treading on 30th July. Wait & Watch important level 7758, Above 7758 momentum seems up for buy with stop-loss 7743.. Up to 7758 sell with small and strictly stop-loss 7758..
- Resistance for up move at 7758/7772/7790/7820..

- Supports at 7725/7718/7706..( 7690 to 7680 strong support zone)

Posted by MY CHART at 7/30/2014 03:02:00 AM

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