Sunday, 18 March 2012

Nifty Positional Update for 19 March 2012

Sell Triggered at 5345 on 16 March 2012.
Initial Target for partial profit booking placed at 5148
Stop and Reverse plugged at 5543.


Intra day Trading Levels 
Buy Above 5357 target 5374,5387,5391,5420
Sell Below 5334 target 5316,5291,5270,5246


Resistance at 5388.Only crossing this will there be any further up-move. 
Since trend is down 5380-88 is a good level to go short.

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Nifty Future Swing Trading-

 Long trade taken at 22254 now stop and reverse at 22951. Entry to be taken at 1 hour candle closing below 22951. Happy trading JT