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Tuesday, November 22, 2011

Nifty Update!

Nifty Screener

Support:      4720, 4560, 4460, 4380, 4300
Resistance:  4885, 4985, 5065, 5145, 5260

Recommendation:  Based on the charts and explanations above, our opinion selling nifty below 4720 and take profit in stages at 4560, 4380 and 4200 and stop loss with daily closing above 4980 might be appropriate.


1 comment:

  1. Sell initiated in Nifty and after breaking 4720 it made a low of 4641.

    ReplyDelete

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