Monday, June 14, 2010


Nifty is still not crossing the key short term resistence zone of 5200 to 5230, If the NIFTY LEVEL will close above this resistence it may consider as the indication of trend reversel and traders could expact more bounce from there. As per the current trend of NIFTY FUTURE it moght hold the trading range of 5000 to 5215.
I recoment that fot today's NIFTY LEVEL trader's should watch out the LEVEL of 5210 .
IF NIFTY FUTURE won't cross the above LEVEL traders can short trader's can target of 5000 to 5005 in near term.

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