Monday, June 24, 2013

25/06/2013 Trading View

25/06/2013 Trading View

Nifty made a high of 5640 low of 5566 and closed at 5590 which is 77 points down from previous close.

Nifty has almost reached our target of 5550.

Those who have short positions can start booking profit as the Nifty is  falling continuously we can expect a pullback move at any time.

The resistance is at 5683 and the support is at 5550.

If Nifty breaks 5550 it will move towards 5470.

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