Wednesday, March 18, 2009

Nifty update for 18/03/2009

Nifty has resistant at 2795-2800 levels failure to hold break above the resistant at 2795-2800 will lead to 2685-2690 levels.We have given yesterday that william R indicator has given profit booking so we asked our clients to go short with stoploss of 2795-2800 levels.

The trend is positive as long as 2685-2690 stays for upmove the 2795-2800 has to be crossed.

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