Friday, September 27, 2013

New Expiry New Levels...

Hi All,

As expected earlier and informed in my earlier posts, after breaking 5900-5925 levels Nifty broke down till 5814-5820... and it did not break the crucial short term support near 5790....

The short term bias still remains possitve...

I expect for the month Nifty to ideally trade in the range of 5550-5500 on the lower side where are 6200-6250 will act as resistance on the higher side....

Will keep you all posted on the views and recommendations time to time...

Regards

Hrishi

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