Thursday, March 17, 2011

18/03/2011 Intraday Trading Ideas

Today's NIFTY spot closing will decide the movement of the market for the next week if it closes above 5550 then NIFTY will see 5750 in next week if it closes below 5380 then it will see 5200 next week.

Level for today

Support 5420 , 5400 ,5380, 5350
Resistance 5475 , 5500 , 5520 ,5550

Short HDFC at 647 with a stop loss of 655 for the target of 635 , 627 , 620

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