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Friday, May 6, 2011

NIFTY STRATEGY - MAY 6TH

-As expected it breached 5512-5474 level & crashed Intraday upto 5443 & closed at 5458 level.
-Do u know ,We had written below 5474 level….Our Target intact of
5357-5320 …not ruled out.
-Below 5474 level ….Bears will have upperhand !

-Suppose not breaks (Y.Low of 5443 )and trades above 5474 level with volumes for 5-10 minutes then ??????
-Massive Short covering rally not ruled out upto 
5529——-5563 —–5593 level.
Will Update more to our Subscribers during trading hrs ….No worry @ all.
Watch these charts very closely :
Charts showing …Something unexpected will happen !Forget about Economy ,Inflation or Politics ………something else will happen !
In  Coming Weeks will it break 5300 or will it break 5175 level too ???
-Start of 1-2-3 wave on card ??
-Don’t want to write the levels…First let’s see it take support around 5300-5400 or not ?
Just wait and watch !

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