Wednesday, December 22, 2010

Nifty Tips: Trading Strategy For Thursday 23 Dec 2010

Nifty future saw sharp down fall in last trading session. It could not sustain at higher levels . One should adopt the strategy of sell at higher levels. From few trading session Nifty is moving under range of 10 days and 50 days Moving Average , if it manages to sustain above 6095 levels than we might see further up move from there.
RESISTANCE: It has first resistance close to the level of 6040 & above this level the next resistance is seen near the 6093 mark.

SUPPORT: It has first support close to the level of 5945 & below this level the next support is seen near 5900 mark.


Posted By Commodity MCX Tips