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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.

Monday, February 22, 2010

NIFTY LEVELS 02/23/2010

Nifty future Levels for February 23,2010.

Bulls Party

Buy Nifty future only above 4865 with an upside target of 4891 and 4916,and will further move upside only above 4932 and have a good resistance at 4958.


Bulls Party

Sell Nifty future only below 4848 with a downside target of 4823 and 4797, and will further move downside only below 4780 with a good support at 4755.

This week's rally be news based , as on Wednesday we have railway budget, Thursday FNO expiry, and on Friday Financial Budget,which will make more movement. There is no room for technical tools to trade in these sessions.
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