Tuesday, March 27, 2012

27/03/2012 Trading Views

Nifty made a low of 5184 high of 5277 and closed at 5243 which is 58 points up from previous close.

Nifty made a doji candle which shows the fight between bulls and bears.

5315 will be a good resistance so below this level between 5280-5300 can be utilized for shorting by keeping 5330 as stop loss for the target of 5200 and 5170.

5170 is the important support level to be watched below which the Nifty can test 5075.

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