Sunday, November 8, 2009

November 09, 2009, Nifty

Nifty made a higher high and a higher low. It was a hammer candle, indicating possible resistance. Stay long but move stop loss up.
Trading Strategy: Stay long, move stop loss up to 4765.
Supports: 4611, 4530, 4400,
Resistances: 4854, 5077, 5182
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