Wednesday, April 20, 2011

21/04/2011 Intraday Trading Ideas

Nifty closed at the resistance level one can short NIFTY at every rising now upto 5910 with strict stop loss of 5960 for the target of 5700 , 5650. Today 2 Heavy weight companies results are going to be announced TCS and RELIANCE . If the results are too good than expected it could change the whole environment so maintain the stop loss strictly.

Levels for today
Support 5828 , 5800 , 5750 , 5700
Resistance 5888 , 5900 , 5926 , 5950

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