Tuesday, July 14, 2009

July 14, 2009, Nifty

Nifty made a lower low and a lower high yesterday. We will go short. However yesterday was a hammer candle, so we will keep stop losses strict.
Trading Strategy: Go short with a stop loss at 4003
Supports: 3870, 3800
Resistances: 4149, 4298, 4480
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