Wednesday, July 25, 2012

26/07/2012 Trading View

Nifty made a low of 5076 high of 5121 and closed at 5109 which is 18 points down from previous close.

Nifty finds support at 50 and 200 DMA and closed well above that so we can consider bulls are intact until holding of 5070.

So one can consider going long above 5125 by keeping stop loss below 5100 risk players can keep stop loss at  5070 for the target of 5170 , 5200 and further.

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