Tuesday, July 16, 2013

Nifty chart


Position : Short - STBT

Nifty Trade Support 5982-5971 Resistance 6042-6050
Nifty Trend Support 5940-5936 Resistance 6085-6095

Negative Divergence in MACD Histogram.  Positive Breakout support 5890
is  the major support for trend change.

Hold Short with same stop loss what i mentioned in STBT. 

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