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Sell nifty / buy sept4300 puts

Posted 27th August 2008 at 10:45 PM by niftytrendguide

Keep Selling Nifty/buying sept 4300 put @ higher levels as Market is volatile for fno expiry . Short term trend is down. Nifty may come down up to 4150-4180 in the next week.
Nifty support is at 4250 & 4160
Nifty resistance at 4370 & 4410

Trend reverses if nifty closes above 4435. Keep this as stop loss for short positions and puts.

If you have any suggestions/opinions mail us.

NIFTYTRENDGUIDE@*****.COM

Do visit " WWW.NIFTYTRENDGUIDE.BLOGSPOT.COM"

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1. 	I think it will bounce back tomorrow sharply on global ques, and also inflation figures.
   	Posted 29th August 2008 at 12:34 AM by dailytrader

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