Thursday, December 11, 2008

NIFTY INTRADAY LEVELS FOR 12TH DEC

a closing below 2836 today would mean that nifty will target 2757-2658, with a SL of 2920 on positional basis.

yesterday, nifty faced resistence at the higher trendline, so i expect some downside in the comming week.

if closes below 2836 today, i will carry my shorts with 2920 sl

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