Monday, April 26, 2010

NIFTY AS ON 26/04/2010
















NIFTY  has closed above the triangle but still below 5350 but one can buy intraday nifty above 5315 with stoploss of 5295 for tgt of 5325 – 5352 – 5360 and if trades below 5295 one can short for downward tgt of  5289 – 5272 -5246 postional traders can hold nifty unless it closes below 5220 and can buy on every decline for higher tgt of 5400 – 5440 also this is expiry week so volatility can be expected. Shorterm uptrend.

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