Tuesday, October 18, 2011

19/10/2011 Trading Views

Nifty made a high of 5057 low of 5011 and closed at 5037 which is 80 points down from previous close.

Nifty got support at the 50 dma , until its holding 4940 there is possibility for Nifty going above 5170 and to test 5330.

So if Nifty comes to 4940-4960 it can be bought with stop loss below 4900 for the target of 5150 and 5300.

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