NIFTY: Resistance 4750/4800/4825/4860
Supports 4625/4577/4533/4520
View: Nifty in its last trading session closed in its support zone. So my view says that Nifty may take support at these levels and bounce back. Few weeks back I posted two things: (1) Nifty will trade in range 4500-4900 for next few days & (2) Every high is been used as a exit from longs and fresh shorts are been created. Now you may witness yourself that exactly same thing is happening. Still hopes are alive above 4500 levels. Till then trade on Intraday basis with strict SL. Long Term Investors may use dips to buy by using 1-2-4 technique.( To know about this technique mail us at : activestocks@gmail.com )
Intraday:
JPAssociate: Above 223.5 SL 221 TGT 226+
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment