21/05/2012 Trading Views

Nifty made a low of 4788 high of 4908 and closed at 4891 which is 21 points up from previous close.

Nifty has bounced well from 4788 , Now the resistance comes at 4950 and the support comes at 4850

A rise of Nifty can be used for shorting if it comes to 4940 it can be shorted by keeping 4970 as stop loss for the target of 4800 and further .