Friday, December 26, 2008

December 26, 2008, Nifty

Nifty continued its down trend. We move our stop loss and follow the down trend. Asian markets are up today. Nifty could open a touch up.

Trading strategy: Stay short with a stop loss at 2968.
Supports: 2873, 2812
Resistances: 2968, 3040
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