Tuesday, May 12, 2009

May 12, 2009, Nifty

Nifty made lower low, and a lower high. This is the confirmation of a possible down trend. Asia is down this morning so, Nifty could open a touch down.
Trading Strategy: Go short with stop loss at 3711
Supports: 3535, 3352
Resistances: 3711-17, 4001
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