Tuesday, March 17, 2009

Nifty update for 17/03/2009

It is time to go for short!The William R indicator has given sell signal.Now the support is at the yesterday low of 2701-2705.Trading below the low of yesterday will offer the target of 2675-2680 levels very easily.

Now the resistant is placed at 2780-2785.trading above this level will extend some up move,but we don't see such move at current scenario.

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