Tuesday, November 29, 2011

30/11/2011 Trading Views

Nifty for the day made a high of 4866 low of 4787 and closed at 4805 which is 46 points down from previous close.

Nifty is not able to cross the resistance of 4860 and it came down to below 4800 in the second half but some how it managed to close above 4800.

For today if Nifty comes to 4770 it can be bought with stop loss of 4750 for the target of 4860 , 4920 and 4990.

Or it can bought above 4870 with stop loss of 4830 for the target of 4920 , 4990.

All the levels are based on Spot Nifty.

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