Friday, July 2, 2010

July 02, 2010, Nifty

Nifty has just opened a touch up this morning.
Nifty fell sharply yesterday and is showing increasing volatility. We will stay short but move our stop loss down.
Trading Strategy: Stay short, move stop loss down to 5348.
Supports: 5202, 5100, 4960-4985
Resistances: 5342-67, 5400
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