Friday, November 7, 2008

November 07, 2008, Nifty

Nifty was highly volatile yesterday. Asia is down this morning so we expect the Nifty will open down. We will now watch if the Nifty will be able to find a bottom around the next supports.
Trading strategy: Play for supports/resistances breaks or bounces
Supports:2753, 2488
Resistances: 3018, 3050
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