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Thursday, February 24, 2011

(1) Nifty Chart & Levels For 24/02/2011 ::


Nifty :: Black Inverted Hammer, with Bearish Harami Line conformation & Neutral Body Reversal candle pattern.. All this candle pattern suggest confusion sign and Nifty made second insider day.. NSI slightly turn up.. No option wait for breakout (5527) or breakdown (5413) for major move.. Till then watch one level 5464/5469, up to 5469 momentum seems down, above 5469 up for small swing treading with small stop loss.. Resistance for up move at 5464/5485/5495/5527.. Supports at 5427/5413/5388/5339...

Posted by MY CHART at 2/24/2011 08:26:00 AM

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