Thursday, March 18, 2010

Nifty Tips- Technical View For Tomorrow

Nifty is holding the upside rally and getting the strong buying supprot at the lower levels. In the upcoming trading session we could expect that nifty could face the major resistance in the range of 5300 to 5305. Closing above could further confirm the upside the momentum and could see the level of 5370 to 5375. Traders could adopt any out of the two strategy in nifty future, first they could buy it close to the level of 5200 with sl of 5150 for the tg of 5290 to 5300 or they could go for sell on it around the level of 5265 to 5270 level and keep sl of 5300 in it for the tg of 5200.

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Posted By Commodity MCX Tips