Wednesday, April 27, 2011

April 27, 2011, Nifty

The Nifty made a lower high and a lower low. It was also a doji candle. We will go short with a stop loss at the recent high.
Trading Strategy: Go short with a stop loss at 5944.
Supports: 5816-36, 5348, 5243, 4980
Resistances: 5944, 6171, 6357

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