Friday, August 21, 2009

August 21, 2009, Nifty

Nifty broke its support at 4373 and our stop loss was hit. However the support at 4359 was only just broken. We will wait and watch before taking another position
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 4353, 4250
Resistances: 4583, 4693, 4731-46

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