Monday, April 13, 2009

April 13, 2009, Nifty

Nifty made a higher high and a higher low. However it was a doji candle, indicating indecision in the market. It looks like the end of the bear market rally. We will wait for confirmation before taking a new position.
Supports: 3149, 2962
Resistances: 3401, 3648

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