Thursday, March 19, 2009

March 19, 2009, Nifty

Nifty made a higher high and a higher low. However the uptrend in the Nifty looks like it is coming to a close. Keep stop losses strict. Asia is up this morning, so Nifty should open a touch up.

Trading Strategy: Stay long, move stop loss to 2752
Supports: 2752, 2502
Resistances: 2805, 2969
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