Monday, July 16, 2012

16/07/2012 Trading View

Nifty made a high of 5267 low of 5216 and closed at 5227 which is 8 points down from previous close.

Nifty is facing resistance in  between 5270 and 5300 as that was the gap zone.

So if Nifty comes in between 5265 and 5300 it can be shorted with stop loss of 5315 for the target of 5216 , 5190 and further.

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