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Friday, January 21, 2011

(1) Nifty Chart & Levels For 21/01/2011 ::


Nifty :: As per yesterday post again strong bounce from 5640.. After Dark Cloud cover bearish candle pattern Nifty made Thrusting line bullish candle pattern.. An confusion sign in range treading between 5625 to 5748.. Wait for breakout or breakdown.. Till then in intraday treading for 21st Jan watch level 5713 & 5710, above 5713 momentum seems up, below 5710 momentum turns down, buy or sell for small swing accordingly above or below this two level.. In extreme high watch last three resistance and if face resistance at high then change strategy as sell at high (Strictly S.L 5778) buy in deep .. Resistance for up move at 5748/5759/5778.. Supports at 5682/5660/5637/5624..

Posted by MY CHART at 1/21/2011 02:58:00 AM

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