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Friday, April 01, 2011

(1) Nifty Chart & Levels For 01/04/2011 ::


Nifty :: Bullish candle with volume.. Made 8th Higher high with short term overbought negative divergence indicator.. NSI turn down from resistance even after Nifty close in green.. Must be correct within one or two day’s.. Still as per yesterday post conservative trader short signal generate only below 5753.. Watch first support 5803 below 5803 momentum turn weak, if hold momentum seems side way up.. Intraday trader trade according for small swing near 5803.. Aggressive trader use sell at high strategy in intraday treading near resistance with strictly S.L 5896.. Resistance for up move at 5862/5872/5896.. Supports at 5803/5782/5758/5753..

Posted by MY CHART at 4/01/2011 02:27:00 AM

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