Thursday, June 24, 2010

June 24, 2010, Nifty

Nifty made a lower low and a lower high. We hit our stop loss and booked profits. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5202, 5100, 4960-4985
Resistances: 5342, 5400
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