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Wednesday, August 18, 2010

(1) Nifty Chart For 18/08/2010 ::


Nifty :: Black Spinning top neutral direction candle and an Insider red indecisive bar with volume.. NSI once again turn up from low, but still in resistance zone. No option for conservative trader watch breakout 5476, breakdown 5397.. Aggressive trader watch one level 5421 above 5421 momentum seems up, below 5421 momentum turns down.. Our strategy for 18th Aug sell at high near resistance (S.L 5461/5476) buy in deep (S.L 5397).. Resistance for up move at 5427/5442/5461/5476.. Supports at 5397/5383/5372/5350..

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