Thursday, August 9, 2012

10/08/2012 Trading View

Nifty made a high of 5368 low of 5312 and closed at 5322 which is 15 points down from previous close.

Nifty broke the 5330 so now Nifty can come towards 5294 and to 5280.

Nifty has resistance at 5340 so one can consider shorting at 5340 by keeping stop loss at 5355 for the target of 5300 and 5280.

Support zone comes between 5280-5260 on breaking this regions Nifty can go towards 5220.

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