Tuesday, February 23, 2010

February 23, 2010, Nifty

The Nifty made a higher high and a higher low. However it was a doji candle. We will wait for a move above 4930 before going long.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 4807-14, 4766, 4675
Resistances: 4945, 5133
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