Wednesday, April 29, 2009

April 29, 2009, Nifty

Nifty made a lower low and a lower high. However today is expiry and we will wait for a better signal before initiating a short position. Asia up this morning so Nifty could open a touch up.
Trading Strategy: Play for resistances/supports breaks or bounces.
Supports: 3297, 3149
Resistances: 3517 , 3648
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