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Trade these levels after 15 to 20 minutes of opening of market moves, as it avoids the gapup and down of opening moves of the market.

Wednesday, February 17, 2010

NIFTY LEVELS 02/17/2010

Nifty future Levels for February 17,2010.

Bulls Party

Buy Nifty Future above 4878 with a target of 4917 and 4958 with good resistance and above 4983 will try to make a high of 5023.

Bears Party

Sell Nifty future below 4852 with a target of 4812 and 4773, and below 4747 will move further down to 4706 which is a good support.


As of now in daily trend,Nifty future will be ending the fourth wave near a high @ about 4970 as a resistance.This month we have budget which makes the market movement with a high volatility. So trade with caution with strict stoploss.
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