Tuesday, September 20, 2011

September 20, 2011, Nifty

The Nifty made a lower low and a lower high. The failure to breach 5169 is a negative. We will wait and watch before taking a new position.
Trading Strategy: Play for resistance/support breaks or bounces.
Resistances: 4966, 5169, 5608,
Supports: 4980, 4700,
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