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Tuesday, November 23, 2010

(1) Nifty Chart For 23/11/2010 ::


Nifty :: After 8 lower low, made bullish Harami line candle pattern and again with low volume.. Strength is weak, but breakout above falling channel, suggest some more up side left.. NSI near resistance so avoid buy at high ..Watch strong resistance 6045/6074 and strong support 5946/5940 on 23rd Nov.... Our strategy for intraday, If Nifty turn down after open buy in deep (S.L 5940) sell at high.. If move up watch above two resistance and change strategy as sell at high near resistance (S.L 6101) buy in deep (S.L 5991).. Resistance for up move at 6027/6045/6074/ 6089/6101.. Supports at 5991/5974/5946/5940..

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