Wednesday, November 12, 2008

November 12, 2008, Nifty

Nifty fell sharply yesterday. Asia is flat this morning so we expect the Nifty will be flat. 2860 is a strong support. Let us see if that holds.
Trading strategy: Play for supports/resistances breaks or bounces
Supports: 2860, 2753
Resistances: 2988, 3240

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