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Wednesday, March 30, 2011

(1) Nifty Chart & Levels For 30/03/2011 ::


Nifty :: Bullish candle with volume.. First breakout above channel resistance, touch our stop loss and finally close below channel resistance.. NSI still in downtrend after made bearish negative divergence.. NSI turn down and market move up indicate manipulated rally.. For more conformation watch BSE Advances/ Declines number, A/D ratio 1116/1818 ..Once again we repeat, be careful at high with overbought short term indicator.. For 30th March intraday treading watch first resistance 5747 above it 5764/5770, use sell only at high strategy near resistance with S.L 5798.. Resistance for up move at 5747/5764/5770/5798.. Supports at 5718/5708/5687/5653..

Posted by MY CHART at 3/30/2011 02:19:00 AM

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