Thursday, December 3, 2009

December 3, 2009, Nifty

Nifty made a higher high and higher low, but it was a doji candle. We have moved our stop loss up against traditional wisdom. Let us see if it pays off.
Trading Strategy: Stay short, keep stop loss at 5182.
Supports: 4933, 4860, 4807
Resistances: 5138, 5182
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