Nifty strategy – 23 March 09

2009 March 23

tags: Nifty strategy, stock market analysis

by phani

Nifty likely to open at 2,815-2,820, resistance seen at 2,825. Crucial zone for supply seen between 2,835-2,859. Sell at higher levels, support seen between 2,762-2,774. Sell Axis Bank upto Rs 350, stop loss above Rs 356, targets of Rs 341, 337 & 334.

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DISCLAIMER : Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only.

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Nifty strategy – 23 March 09

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