Monday, December 1, 2008

December 1, 2008, Nifty

Nifty continues on it uptrend after a short break. We still stay long, but move our stop loss up to Friday's low. Asia is a touch down, so Nifty might open down.

Trading strategy: Stay long with stop loss at 2690
Supports: 2702, 2633-2654
Resistances: 2825, 2871
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