Wednesday, June 16, 2010

TODAY's NIFTY LEVEL

Yesterday NIFTY closed above 5200. Market open with week trend and and after flat opening the market turned to weak.
But soon after the selling marked up again huge buying helped the market to coverup the troughs made by the shorts.
The crusial support for NIFTY seems to be 5135-5185
Resistance 5240-5300

Traders should go for long in NIFTY future above 5235 with the stoop loss of 5200

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