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Sunday, April 17, 2011

(1) Nifty Chart & Levels For 18/04/2011 ::


Nifty :: Bearish Harami Line candle pattern but again with low volume.. An big insider day, now no option, wait for breakout of 5924 or breakdown of 5735, for major next move.. NSI again turn down from higher top multiple resistance zone and currently in down trend but near buy support zone.. Indicator turn down but still in buy zone.. Avoid shorting at lower levels as far as Nifty treading in between insider day as we mantion above(5924 to 5735).. Use sell only at high strategy in intraday treading on 18th April. near resistance with strictly small stop loss 5891.. Resistance for up move at 5848/5856/5879/5891.. Supports at 5806/5793/5770/5755..

Posted by MY CHART at 4/17/2011 10:26:00 PM

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