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Intraday Newsletter of NIFTY of 23-03-2011

Daily NIFTY Future

(23-3-2011)

daily-nifty-future2

Wednesday

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Stops are the best way to take you and your emotions out of a trade.  Use stops.”

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Levels in Advance for Short Term

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Support of Short Term 5195- 5235

(Suppose, NF is not closing below this support…Then 5633-5705 Targets)

(Suppose to break it,…GOD can save NIFTY 4899-4500 before test these Numbers…!)

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Therefore, this month of Targets of Nifty is the 5633-5705

(NIFTY must be close 5430 above for above targets)

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Tuesday Performance:

Yesterday, NF exact moved 5448 from 5490 (Profit Points 60)
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What for Today…?

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NF can open above 5412-5422…!

(Support 5402-5411)

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Just watch 5390 below…then Move to 5364-5347 easily…!

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Crossover above 5430 with volumes and stays above this level for 15 minutes will take to intraday targets 5471-5477 level.

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Just watch 5490

(Crossover it…and trade for 5min. then…PANIC up to 5514-5526)

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Just watch 3:10 clock…if trade 5470 above…then hold you long position for next 5532-5578

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They’ve black magic of stock market analysis because studied charts over 20 years.

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