Tuesday, April 16, 2013

17/04/2013 Trading View

17/04/2013 Trading View

Nifty made a low of 5555 high of 5699 and closed at 5688 which is 120 points up from previous close.

Nifty made a spectacular move and closed above 200DMA .

Now the resistance for Nifty comes at 5750 and the support comes at 5650.

Any move near by 5750-5770 can be considered shorting by keeping 5805 as stop loss for the target of 5650.




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