Tuesday, June 30, 2009

June 30, 2009, Nifty

Nifty made a higher high and a higher low. However it was a doji candle. The 5 and 20 EMAs are also at the same point, which could be a strong support today. We will follow the up-move.
Trading Strategy: Stay long, move stop loss to 4339
Supports: 4339, 4143, 4092
Resistances: 4482, 4693
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