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Thursday, March 31, 2011

(1) Nifty Chart & Levels For 31/03/2011 ::


Nifty :: White Spinning Top neutral direction candle with again neutral direction Whit Star Reversal candle pattern.. Exactly touch trend decider level and come down but close above breakout level 5753.. NSI again turn up from support zone.. 7th Higher high, as per past experience most probably maximum, Nifty made 9 to 10 higher high.. Mean Nifty near end of manipulated rally with short term extreme overbought indicator.. Still for aggressive trader our strategy in intraday sell on high near resistance with small S.L 5836 and buy in deep.. For conservative trader now wait for breakdown of 5753.. Resistance for up move at 5802/5827/5836.. Supports at 5772/5760/5753/5742..

Posted by MY CHART at 3/31/2011 02:27:00 AM

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