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Tuesday, February 08, 2011

(1) Nifty Chart & Levels For 08/02/2011 ::


Nifty :: An insider bar made Harami black bullish candle but with low volume.. Continuous selling pressure in every rise.. NSI turn up exactly from low and from strong support level.. Now as far as Nifty hold strong support 5352/5340 use buy only in dip strategy with strictly stop loss 5339.. In gap up watch first hurdle 5444 above it next strong resistance 5486.. Corrective swing turns up for short term only above 5486.. Resistance for up move at 5430/5444/5454/5486.. Supports at 5384/5377/5369/5352/ 5340..

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