Tuesday, October 30, 2012

30/10/2012 Trading View

Nifty made a low of 5645 high of 5698 and closed at 5665 which is 1 point up from previous close.

Nifty is still  stuck  in the range of 5730-5635 today is 14th consecutive session.

As Today is the monetary policy announcement today the trend will get decided.

A move above 5730-5750 will take Nifty towards 5815 , 5920.

A move below 5635 will take towards 5550.

So one can trade accordingly.

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