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Sunday, October 24, 2010

(1) Nifty Chart For 25/10/2010 ::


Nifty :: Exactly came down from resistance and made red bearish candle.. Weekly bearish Black Hangman Candle with Incomplete Dark Cloud Continuation pattern.. Now revise stop those who shorted at high at 6128. In coming week, watch two strong support level 6021/5966 and two strong resistance 6126/6164.. For 25th Oct. intraday treading watch support 6041/6021 and resistance 6090/6126.. If Nifty turn down after open and take support near given two level then buy in deep (S.L 6021) sell at high (S.L 6090).. If Nifty move up then watch given two strong resistance and change strategy as sell at high (S.L 6128) buy in deep (S.L 6041).. Avoid buying, if Nifty break 6121.. Resistance for up move at 6090/6113/6126/6164.. Supports at 6048/6041/6021/6000..

Posted by MY CHART at 10/24/2010 10:02:00 PM

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