19/08/2012 Trading View
Nifty made a high of 5399.95 low of 5341.7 and closed at 5366 which is 3 points up from previous close.
Nifty formed a doji candle which shows the trend reversal.
As said previously Nifty found resistance at 5400 now it will move towards 5260 and 5220.
Any rise up to 5400 can be considered for shorting by keeping 5410 as stop loss for the target of 5335 , 5300 , 5280 and further.
Nifty made a high of 5399.95 low of 5341.7 and closed at 5366 which is 3 points up from previous close.
Nifty formed a doji candle which shows the trend reversal.
As said previously Nifty found resistance at 5400 now it will move towards 5260 and 5220.
Any rise up to 5400 can be considered for shorting by keeping 5410 as stop loss for the target of 5335 , 5300 , 5280 and further.
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