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Wednesday, March 09, 2011

(2) Nifty Chart & Levels For 09/03/2011 ::


Nifty :: Bullish candle but again with low volume.. Fill yesterday gap area.. NSI in uptrend near to top resistance zone, with Nifty strong resistance zone 5570 to 5600.. Be careful to give long commitment near this resistance zone.. For intraday treading watch one level for small up or down swing 5520, above 5520 momentum up and turn slightly strong above 5530, below 5520 momentum seems down.. If Nifty correct watch 5474 to 5465 strong support zone for small up swing buying. In every trade use strictly small stop loss any side.. Resistance for up move at 5541/5556/5570/5586/5600.. Supports at 5485/5474/5465..

Posted by MY CHART at 3/09/2011 08:29:00 AM

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