Thursday, January 7, 2010

January 07, 2010, Nifty

Nifty made a higher high and a higher low. It broke above 5299, but the move was not convincing. If you did not go long yesterday, go long today.
Trading Strategy: Stay long with a stop loss at 5232.
Supports: 5232, 5160, 4933
Resistances: 5311, 5299
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