Tuesday, August 31, 2010

August 31, 2010, Nifty

The Nifty hit our stop loss on Friday and we closed our position. Monday was a doji candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces
Supports: 5415, 5345-55, 5232,
Resistances: 5478

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