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Thursday, November 20, 2014

(1) Nifty & MSi Chart & Levels For 20/11/2014 ::


Nifty::
- Incomplete Dark Cloud cover bearish candle pattern conformation..
- MSi down trend with near to multiple bottom support..
- Short term indicator turn down in overbought zone with negative divergence..
- Overall short term momentum bearish but in manipulated market be careful, stuck with levels and do small intraday trade..
- Avoid sell at extended low..
- In intraday treading on 20th Nov. Wait & Watch important level 8393/8371.. Above 8393 buy for small with strictly stop-loss 8382.. Below 8371 sell with stop-loss 8382..
- Resistance for up move at 8411/8434/8448..

- Supports at 8352/8330/8320..

Posted by MY CHART at 11/20/2014 08:18:00 AM

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