Thursday, September 05, 2013

Nifty Chart

Position : Nil

Trade Resistance 5486-5490
Trend Resistance 5566-5580

Lower top trend line and 38.2% of 6229-4531 coincide @ 5580

so strong resistance , chances to break this line and short covering
upto 5850+, so be cautious on shorts, once close above 5580 with volume.

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