Thursday, November 13, 2008

November 14, 2008, Nifty

Nifty fell sharply again on wednesday. Asia is up this morning so we expect the Nifty will be flat. 2860 was broken on wednesday. The next support is at 2753.
Trading strategy: Play for supports/resistances breaks or bounces
Supports: 2753, 2685
Resistances: 2923, 3240
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