Sunday, February 20, 2011

Nifty

I'm back from my vacation - had a wonderul time!

Here's a chart of Nifty.

Resistances around those areas short with a SL @ 5600 targets - 5389 / 5072 / 4950. Reverse trade above 5600 for 5850/5900.

If markets stay above 5300/5380 * above the gap area this would indicate strength & it could head up to 5850.

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