Thursday, June 17, 2010

NIFTY holds tight range

NIFTY is holding to tight range and has given a lower low, move long entry to above 5229.25 on NIFTY futures and stop at 4984.00. Value zone moves up to 5190-5217. Our trend long position has locked more than 150 points. There are possibilities of a trend change too, as of now the trend is bullish and we will keep long trades on.

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