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Thursday, March 24, 2011

(1) Nifty Chart & Levels For 24/03/2011 ::


Nifty :: As per last post bullish chart structure, Nifty made bullish candle with slightly high volume.. Exactly close at resistance.. NSI near top resistance.. In intraday treading on 24th March, As far as Nifty hold support 5427 use buy in deep strategy in correction (S.L 5400).. For small swing watch level 5480, above 5480 momentum slightly up and turn strong only above 5438, mean above 5480 buy but for small swing only, below 5480 momentum once again slightly turn down.. Due to NSI and multiple strong resistance up to 5535 avoid buy at high and use sell at high strategy (S.L 5538), if Nifty face resistance near 5510/5535.. Resistance for up move at 5497/5510/5535/5557/5584.. Supports at 5457/5427/5400..

Posted by MY CHART at 3/24/2011 08:33:00 AM

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