Monday, July 16, 2012

17/07/2012 Trading View

Nifty made a high of 5246.85 low of 5190 and closed at 5197 which is 30 points down from previous close.

Now Nifty finds resistance at 5240 and the support comes at 5190-5160.

So if Nifty comes to 5240 it can be shorted  with stop loss of 5270 for the target of 5190 , 5160 and further.

On breaking of 5160 Nifty can move towards 5130.

No comments:

Post a Comment