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Sunday, May 15, 2011

NIFTY BEARISH FLAG PATTERN

nifty is making a bearish flag pattern which may be initiated if ns trade and sustains below 5472

5597 and 5638 are strong resistances to niftys upmove,any upmove towards 5598-5620 range can be shorted positionally with sl abv 5638 for trgts of 5205-4981 in next 2 -3 weeks
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