Friday, December 18, 2009

Nifty daily chart update for 18/12/2009

Market is still week so any rise in the market can be used for taking short position with stoploss of 5080 levels.

Trading below 5000 will be panic up to 4930-4950 levels.Dont short in the opening bell wait for 15-20 minutes and take the short position for today's trade.Rebound likely in first hour of the today's trade.

Best to your trading!

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