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Friday, March 04, 2011

(1) Nifty Chart & Levels For 04/03/2011 ::


Nifty :: Again bullish candle even after NSI turn down sharply.. Still below bearish crossover and channel top trend.. Abnormal manipulated market, forgot about positional shorting as far as Nifty hold closing level 5463… As far as Nifty hold 5491/5463 as closing basis use buy only in deep strategy.. Yes for intraday treading on 4th Mar.. Watch resistance zone near 5600 and above it 5637/5648, If Nifty face resistance near any of this level then change strategy as sell at high buy in deep for small down swing, but with strictly stop loss 5651.. Resistance for up move at 5562/5596/5600/5608/5637/5648.. Supports at 5500/5491/5454..

Posted by MY CHART at 3/04/2011 08:31:00 AM

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