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Thursday, October 28, 2010

(1) Nifty Chart For 28/10/2010 ::


Nifty :: Engulfing bearish line pattern conformation with volume.. Overall daily momentum looks weak but NSI turn up in last momentum.. Strong H&S neckline support on the way.. Bounce possible as far as Nifty hold 6003 level.. Avoid shorting at low, short only at high near last strong highlighted resistance.. Our strategy for 28 Oct. If Nifty open flat up to 5987 buy in deep (Strictly S.L 5966) Sell at high (S.L 6058).. If Nifty bounce from low watch resistance 6058/6072 and change strategy as sell at high (S.L 6075) buy in deep (S.L 6003).. Resistance for up move at 6031/6058/6072/6120.. Supports at 6003/5987/5966..

Posted by MY CHART at 10/28/2010 02:21:00 AM

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