Thursday, January 20, 2011

21/01/2011 View of Nifty

Nifty spot is not making any decisive move on either side .
market is in consolidation phase it will continue till it closes above 5750 or below 5600
for today one can short NIFTY around 5725-5740 with a strict stop loss of 5765 for the target of 5650 and the next target of 5620

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