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Technical Analysis of EOD Chart For 30-05-2011

Nifty-EOD Chart(27-05-2011):-
Just click on chart for its enlarged view
Next Resistance is at 5605 and Supports are as follows:-

1- 5444
2- 5348
3- 5328
4- 5238
5- 5177

Falling Channel formation seen in 19 previous sessions and it was broken out in previous week. Nifty sustaining above falling upper trend line will be ist upmove confirmation in the coming sessions.
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