Monday, April 25, 2011

April 25, 2011, Nifty

The Nifty made a higher low and a higher high. It was also a doji candle. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Supports: 5816-36, 5348, 5243, 4980
Resistances: 6171, 6357

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