Monday, April 16, 2012

16/04/2012 Trading Views

Nifty made a low of 5185 high of 5306 and closed at 5207 which is 69 points down from previous close.

Nifty is having the support zone in between 5170-5200 on breaking of this Nifty will fall to 5110-5130.

As of now Nifty is in weak trend .

So one can consider shorting Nifty below 5230 with stop loss of 5260 for the target of 5170 , 5110.

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