Wednesday, December 2, 2009

nifty updates on 1/12/2009

nifty's strong resitance near 5140 level ( negative divergence in MACD pattern and traingle suggest to go down from this level to 4850/4700 level ) sl 5170

short bank nifty near 9260 sl 9310 tgt. 8950/8800
short reliance @ 1110 sl 1130 tgt. 1040/980
short sterlite @900-20 sl 935 tgt. 830/780
buy jpassociate @229.5 sl 225 tgt. 338/345

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