Monday, January 11, 2010

January 12, 2010, Nifty

We have been long on the Nifty since Jan 7. On Monday Nifty hit our stop loss and we closed our position. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5160, 4933
Resistances: 5311, 5299
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