Thursday, February 21, 2013

Nifty intraday trade stopped out....

Hi all,

Nifty has broken a crucial support of around 5850 on an intraday basis, however, has closed above it.....

With 5 trading days remaining for the Budget announcement, we can expect a lot of volatility in Nifty...

Supports would be near 5820-5800
Resistances - 5880-5900-5950-6000-6060

Cheers

Hrishi

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