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Important Update : Nifty Report - March 31, 2008 |
stockmode
White Belt
Joined: 08 Jan 2007
Posts: 79
Location: indore, india
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Post: #1  Posted: Mon Mar 31, 2008 9:32 am Post subject: Important Update : Nifty Report - March 31, 2008 |
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The “Mudgal Crash Oscillator – Fast” has given a buy signal and we could see upside in the market. However, the “ Mudgal Crash Oscillator – Slow” is still indicates selling. This implies that there could be an upmove but this should be used to reduce position unless the slow oscillator also gives a Buy signal.
The faster oscillator could take NIFTY to the resistance zone of 4975 > 5092 > 5368. On the downside, support exists at 4860.
Regards
Bharat Mudgal |
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