Wednesday, March 4, 2009

March 04, 2009, Nifty

Nifty made a lower low and lower high yesterday. We will move our stop loss and follow the trend. Asia is up this morning so Nifty should open gap up. Look to book profits today.
Trading Strategy: Stay short. Move stop loss to 2688.
Supports: 2570, 2502
Resistances: 2688, 2747
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