Tuesday, September 22, 2009

September 22, 2009, Nifty

Nifty made a lower high and a lower low. It was a doji candle. We hit our stop loss and booked profits. We will go short with a stop loss at the recent high.
Trading Strategy: Go short with stop loss at 5003.
Supports: 4944, 4783, 4580, 4421
Resistances: 5003, 5167

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