Tuesday, April 21, 2009

Lower high and lower low...Yet to test 3303 and 3256 levels

Nifty tested the support level of 3334 yesterday and also made a lower high. The view remains exactly the same as written yesterday. NIFTY might test 3256 levels and can bounce significantly from that level in the short term.

Only on a break below 3140 will bearishness set in and that is again unlikely for this expiry.


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Happy Trading
www.tripleint.com

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