Nifty Yesterday surpassed the short term resistance of 5250 & also managed to close above it. Now the next crucial resistance would be around 5334.95. T we might expect this upside to continue. I recommend that traders could initiate the longs in nifty future above 5300. Those traders who already has the long position in Nifty future could hold it with the sl of 5205.
Friday, June 18, 2010
Today's NIFTY LEVEL
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Nifty Yesterday surpassed the short term resistance of 5250 & also managed to close above it. Now the next crucial resistance would be around 5334.95. T we might expect this upside to continue. I recommend that traders could initiate the longs in nifty future above 5300. Those traders who already has the long position in Nifty future could hold it with the sl of 5205.
Nifty Yesterday surpassed the short term resistance of 5250 & also managed to close above it. Now the next crucial resistance would be around 5334.95. T we might expect this upside to continue. I recommend that traders could initiate the longs in nifty future above 5300. Those traders who already has the long position in Nifty future could hold it with the sl of 5205.
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