Friday, March 20, 2009

March 20, 2009, Nifty

Nifty made a higher low but not a higher high. The uptrend in the Nifty looks like it is coming to a close. Keep stop losses strict. Asia is down this morning, so Nifty should open a down.
Trading Strategy: Move stop loss to 2771. Book profits today.
Supports: 2771, 2502
Resistances: 2836, 2969
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