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Monday, March 14, 2011

NIFTY STRATEGY - MAR 14TH

NIFTY


As expected below 5477 our tgts were 5444-5433 & then 5398 was our Crucial Support.On Friday it kissed low of 5413 & closed at 5459.60 level.
Friday’s low 5413 & 5398 are Last Hope !
Once Breaks 5398 with volumes…….will take to 5327-5303.
On Upperside above 5463 if stays……….then ?
Rally upto 5493-5503
There after more Rally upto 5533-5544 not ruled out.
MONDAY or TUESDAY Session will see unexpected levels.
(101% No Charm in Market)
"The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.”

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