Wednesday, April 22, 2009

April 22, 2009, Nifty

Nifty made a lower high and a lower low. Asia is mixed this morning, so Nifty could open flat or a touch up. We initiated a short on Friday. We will stay short today.
Trading Strategy: Stay short; move stop loss to 3415
Supports: 3149, 2962
Resistances: 3415, 3511
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