Wednesday, July 6, 2011

07/07/2011 Trading Views

Nifty has consolidated for the third day , its expected to give a break in today's second half or on Friday the probability is more on down side . once it breaks 5600 it will reach 5550.
in upper side 5680 act as a strong resistance.

so if Nifty come around 5660 - 5680 one can initiate short position with a stop loss of 5710 for the target of 5550.

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