Nifty for the day made a low of 4917 from there it started its upward journey to make a high of 5026 and closed at 5012 which is 72 points up from previous day.
Nifty will be facing resistance at 5040 , 5070 and 5110 , 4900 provides good support the next comes at 4840 .
As monetary policy announcement will give more volatility trade with strict stop losses. Once it goes below 4900 the fall will be drastic.
As i will be travelling tomorrow i will not be able to post tomorrow that's 16/09/2011's Trading View
No comments:
Post a Comment