May 9, 2011

NIFTY - The Range

  • Nifty is trading in a range as shown in 15 minutes chart.
  • Range is from 5443 - 5586.
  • Break of the dotted line can bring nifty down towards the lower end of the range.
By at

2 comments:

  1. LakshmiMay 9, 2011 at 2:03 PM

    Dear San

    What shall be the approximate price at which nifty can break the dotted line?

    Regards

    ReplyDelete
  2. SanMay 9, 2011 at 2:05 PM

    Dotted line is the rising support line, So Break of support line can be used to go short. Support will continue to rise as time goes by.

    ReplyDelete

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