Monday, August 8, 2011

August 08, 2011, Nifty

The Nifty fell sharply and made a lower low and a lower high. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Resistances: 5608, 5723, 5944
Supports: 5348, 5243, 4980
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