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Friday, February 25, 2011

(1) Nifty Chart & Levels For 25/02/2011 ::


Nifty :: Western Gap Down bearish candle with high volume.. NSI once again touch low.. Short term indicator are in oversold region.. Be careful in shorting at lower level, once again small bounce possible from low.. Watch important support zone 5220 to 5230 as closing basis. Aggressive Trader use buy in deep strategy with closing basis stop loss 5220, and conservative trader use buy in deep strategy with simple intraday stop loss 5220.. Avoid to buy in gap up, buy only in decline if Nifty open gap up.. Watch resistance at high at 5318/5340/5361/5387.. And support zone 5220 to 5230 and last 5177..

Posted by MY CHART at 2/25/2011 08:30:00 AM

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