Wednesday, October 21, 2009

October 21, 2009, Nifty

Nifty stopped its uptrend with a lower low and a lower high. However our stop loss was not hit. We will stay long but be prepared to close our position.
Trading Strategy: Stay long, with stop loss at 5093.
Supports: 4921-4935, 4783, 4580,
Resistances: 5299, 5545

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