17/10/2012 Trading View
Nifty made a high of 5714 low of 5635 and closed at 5648 which is 39 points down from previous close.
Nifty made a bearish engulfing candle which gives bearish sign.
On breaking of 5635 Nifty can go towards 5600 , 5580 , and 5520.
Any up move up to 5720 can be considered shorting by keeping 5730 as stop loss for the target of 5635 , 5600 , 5580 , 5520.
Nifty made a high of 5714 low of 5635 and closed at 5648 which is 39 points down from previous close.
Nifty made a bearish engulfing candle which gives bearish sign.
On breaking of 5635 Nifty can go towards 5600 , 5580 , and 5520.
Any up move up to 5720 can be considered shorting by keeping 5730 as stop loss for the target of 5635 , 5600 , 5580 , 5520.
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