Automated Trading Profit > Nifty Technical Analysis For 8th Sep 09

[The Chart Reader] Nifty has broken the resistance of the trading range decisively. But volumes are not confirming the move, also spread of the bar is not good to conform it as a break out.

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[The Chart Reader] Nifty Technical Analysis For 30th Jul 09: At present Nifty is looking weak, it has to move up with good volumes or gap up above the resistance levels (which is unlikely for tomorrow) to resume the up move. On the lower side it may take support at 4460 levels.

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