19/07/2012 Trading View
Nifty made a low of 5169 high of 5222 and closed at 5216 which is 23 points up from previous close.
Nifty took support at 5169 and bounced well from there . Now the resistance comes at 5242 and between 5270-5300 .
Until closing above 5300 Nifty is in down trend only.
So any rise can be considered for shorting by keeping 20 points as stop loss for the target of 5160 and further.
Nifty made a low of 5169 high of 5222 and closed at 5216 which is 23 points up from previous close.
Nifty took support at 5169 and bounced well from there . Now the resistance comes at 5242 and between 5270-5300 .
Until closing above 5300 Nifty is in down trend only.
So any rise can be considered for shorting by keeping 20 points as stop loss for the target of 5160 and further.
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