Thursday, May 21, 2009

May 21, 2009, Nifty

Yesterday was another restrcited trading range for the Nifty. The inidcations are for a break out on the downside. Asia is down this morning, so Nifty could open a touch down.
Trading Strategy: Stay short with stop loss at 4509
Supports: 3535, 3352
Resistances: 4509, 4723

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