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Friday, December 31, 2010

(1) Nifty Chart For 31/12/2010 ::


Nifty :: Belt Hold Line Bullish candle pattern with volume.. But Price and NSI both near strong resistance level with overbought short term indicator.. Be careful at high and use sell at high strategy in intraday treading on 31st Dec. if face resistance near 6124/6130 with strictly stop loss 6145.. Above 6145 next strong resistance only at 6177.. Watch first strong support 6083 and 6069 for intraday buying, if Nifty given close below it, once again momentum turns down in next week.. Resistance for up move at 6124/6130/6145/6177.. Supports at 6083/6069/6062/6053/6043..

Posted by MY CHART at 12/31/2010 03:15:00 AM

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