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05 October, 2009

Now I am following 5 day ema high vs low for trading nifty future short term. Nifty high 5059 low 4992. Short nifty future below 5059 SL same and go long above it. If falls below low 4992 SL will be 4992 and to reverse above it. US, global markets are weak. SGX nifty is in red. As nifty falls below 5080 now wait for longs for 2 days.

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