Thursday, December 17, 2009

December 18, 2009, Nifty

Nifty made a lower high, but a higher low. It was also a doji candle indicating indecision in the market. We will stick to our short and stop loss.
Trading Strategy: Stay short, keep stop loss at 5182.
Supports: 5052, 4933, 4860
Resistances: 5138, 5182

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