Wednesday, January 19, 2011

January 18, 2011, Nifty

The Nifty rose sharply after a doji candle. This is a positive signal. We will go long with a stop loss at the recent low.
Trading Strategy: Go long with a stop loss at 5624.
Supports: 5624, 5415, 5345-55
Resistances: 6357

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