Monday, April 27, 2009

April 24, 2009, Nifty

Nifty made a higher high and a higher low. Asia is down this morning, so Nifty could open gap down. We will stay on the sidelines till Nifty breaks the previous high of 3511.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 3297, 3149
Resistances: 3511 , 3648
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