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Monday, August 16, 2010

NIFTY SPOT WEEKLY TRADING STRATERGY & LEVELS : 16 AUG 2010 – 20 AUG 2010

NIFTY SPOT WEEKLY BEST BUY LEVEL 5418(CURRENT SUPPORT) RESISTANCE @ 5446.5(BEST SHORT LEVEL)..ABOVE 5446.50 TARGET'S ARE 5538/5566; BELOW 5406 SELL IT FOR TARGET 5326.6/5298.40..
             CMP-5453


OUR TRADING STRATERGY : AS PER OUR VIEW THERE IS NO STEAM LEFT ANYMORE IN NIFTY..ANY UPSIDE MOVE BY SPECULATORS OR THROUGH SENTIMENTS IS LIMITED TO 5505... SO WE ADVICE OUR TRADERS TO SELL NIFTY ON ALL RISES .. "NIFTY TREND - BEARISH"...



LONG TRADE
SHORT TRADE
BEST BUY LEVEL
BEST SHORT LEVEL
5418.0
5446.50
BUY TARGETS
SHORT TARGETS
T1 = 5538.20
T1 = 5326.65
T2 = 5566.40

T2 = 5298.40
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