Monday, August 17, 2009

August 18, 2009, Nifty

Nifty fell sharply on Monday yesterday. However the stop loss that we set was still not hit. We will stay long but keep stop losses strict.
The volatility that we predicted at the beginning of the month is coming through. Trading Strategy: Stay long with a stop loss at 4359
Supports: 4359, 3919
Resistances: 4583, 4693, 4731-46
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