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Thursday, March 03, 2011

(1) Nifty Chart For 03/03/2011 ::


Nifty :: Bearish crossover after long time, one more conformation of midterm correction.. Mid term 50 day Ema break long term 200 day Ema.. Now very tough for bulls to make new high in near future.. NSI close at top.. On 3rd march use sell ONLY at high strategy with Stop loss of 5605 or use maximum stop loss 5643/5650.. Avoid sell in gap down, wait for corrective up then sell with strictly stop loss (5533). If market move up firmly after breakout of 5533, watch strong resistance zone near 5600 and final strong resistance 5643..

Posted by MY CHART at 3/03/2011 01:37:00 AM

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