Sunday, January 10, 2010

Nifty near the resistance !


Nifty spot : It has been trading in a very tight range.

Weekly Pivot is 5240.90
Supports can be 5205.22, 5170.95. Think twice of holding longs below 5165.00
Resistance can be 5284.28, 5314.70. Think twice of holding shorts above 5325.00
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