Friday, January 29, 2010

January 29, 2010, Nifty

Nifty made a lower low and a lower high. However it was a doji candle. We will stay short. The support at 4807 seems to be holding.
Trading Strategy: Stay short with stop loss at 5009.
Supports: 4807, 4539
Resistances: 4945, 5133
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