Nifty Trading Tips and Strategy For 21-Jan

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avish22

Nifty Trading Tips and Strategy For 21-Jan

Post by avish22 » Thu Jan 20, 2011 10:02 am

By observing the daily charts and report, we are expecting that prices may be hovering above the 200-day SMA (18,674 / 5,600 levels) but the bias is on the negative side. In coming intraday trading session, if indices trade below 18,890 / 5,660 levels, then they are likely to test 18,780 - 18,674 / 5,634 - 5,610 levels. On the upside indices may face resistance at 19,170 - 19,250 / 5,735 - 5,764 levels.

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