Tuesday, April 3, 2012

04/04/2012 Trading Views

Nifty made a low of 5344 high of 5378 and closed at 5358 which is 40 points up from previous close.

Nifty went up to the trend line resistance of 5378 and was not able to go higher than that.

A opening above this 5378 can take the Nifty towards 5450.

Or in the other case a open below 5344 can take the Nifty towards 5300 and on breaking this can take it to 5250.

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