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Tuesday, October 12, 2010

(1) Nifty Chart For 12/10/2010 ::


Nifty :: White Upper Shadow bullish candle and bearish Dark Cloud cross bullish pattern, but
again with low volume.. As per yesterday post Nifty turn down sharply form high but in final hour recovery turns NSI up and close near strong resistance.. As far as Nifty stay below 6223 overall chart rhythm bearish.. Avoid buy at high.. In Intraday for 12th Oct. watch important level 6144, Momentum turns up only above 6144, below 6144 momentum down.. Intraday trader watch 6144, and trade accordingly above or below this level.. Resistance for up move at 6155/6176/6197/6223. Supports at 6125/6106/6092/6067..

Posted by MY CHART at 10/12/2010 02:17:00 AM

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