Wednesday, April 17, 2013

Nifty

Bounce Back and Break the Closing basis Resistance 5650

Trade S 5663-5660 R 5710-5717
Trend S 5625-5617 R 5742-5750

Intra Day Trend : +ve
Day trend Trend : +ve

Buy around 5650-5640 with sl 5616(C) if it is a gap up then
Buy above 5727 with sl 5665(C)

above 5727 closing is the +ve sign for Nifty to get the lower tops trend line 5850+



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