Wednesday, December 14, 2011

15/12/2011 Trading View

Nifty made a high of 4839 low of 4750 and closed at 4763 which is down by 37 points.

Nifty was not able to cross the resistance of 4840 .

As one day is remaining for RBI Policy meet there can be a move of expectations so bank stocks can give a positive move of expectation.

If Nifty comes down in the range of 4700-4730 it can be consider for buying with stop loss of 4690 for the target of 4780 , 4835 and 4890.

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