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Friday, March 20, 2015

(1) Nifty & MSi Chart & Levels For 20/03/2015 ::


Nifty::
- Three Inside out bearish candle pattern …
- MSi near lower support & heading towards multiple support..
- Short term indicator again turn down and heading towards oversold region..
- Overall short term momentum bearish but wait for breakdown..
- Be careful in shorting at extended low..
- In intraday treading on 20th March wait & watch support & breakdown level 8614/8612 below it next strong support at 8592/8546/8539..
- Below 8614/8612 sell for fast small swing with stop-loss 8622.. Up to 8622 buy with stop-loss 8612..
- Resistance for up move at 8647/8673/8688/8702..

- Supports at 8614/8592/8581/8546/8539..

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