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Friday, January 29, 2010

NIFTY TRADING STRATERGY 29/01 AND SHORT TERM TRADING LEVELS


NIFTY FEB FUT HAS CLOSED @ 4885..BELOW BEST SHORT LEVEL i.e 4886.6..ABOVE THT SELL IT WITH A STOP LOSS 4968-4994 … FR TGT 4778/4754... TRADERS WHO R SHORT ARE ADVICED TO BOOK PROFITS  BETWEEN 4778-4752...THERE ARE CHANCES OF NIFTY TAKING SUPPORT @ 4748 LEVELS…


[BASED ON MEDIA & ANLYSTS VIEW IF NIFTY BOUNCES FROM 4830.. V ASSUME ITS'NT HEALTHY & ONCE AGAIN NIFTY WILL COME UNDER SELLING PRESSURE @ 4968-4994…]

 NIFTY AHEAD-SHORT TERM STRATERGY: 1-3 MONTHS


A GENUINE BOUNCE BACK FROM CURRENT LEVELS 4800… RESISTNCE IS @ 4968/4994 ..ANY MOVE ABVE THT WILL TAKE NIFTY TO 5345..A BREAK OUT FROM HERE WILL TAKE NIFTY TO 5425.. . & THE TIME FRAME FR NIFTY TGT IS FEB EXPIRY-EARLY MARCH..IN MARCH WE WILL WITNESS A STEEP CORRECTION..!!

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