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Thursday, November 25, 2010

(1) Nifty Chart For 25/11/2010 ::


Nifty :: Bearish Treading Candle Takeover candle pattern but again with low volume.. NSI made positive divergence.. Multiple bottom with oversold indicator and major four strong support.. Avoid shorting at low.. Watch all last four highlighted support and use buy in deep strategy with next support strictly stop loss.. Last strictly stop loss 5776.. If market open gap up watch highlighted strong resistance and change strategy as sell at high (S.L 5998) buy in deep for small swing only.. Resistance for up move at 5876/5905/5943/5962/5998.. Supports at 5842/5831/5824/5785/5776..

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