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Monday, March 30, 2009

For 30 March 2009

Today on upside resistance @ 3125/3150...on lower side support @ 3070/3040/3010......
As the nifty ha already gain so much and almost three weeks positive rally there might be a little pause....some bounce upto 3250 is possible in this current up trend...but for taking benifit of that one should try to go long only near 3010/2970 level.....with sl of 2920...on upside the area between 3125 and 3070 is trading opportunity for intraday.....
Like earlier false breakdown we may witness false break out also.....be catious at higher level without intermidiate corrections...!!