Wednesday, May 16, 2012

4821 testing still pending?

Was yesterday's rise a bounce? Will it test 4821 now? Well we will wait and watch.
If it reaches anywhere near 4821, will take a small long position with strict SL.
Up move from here will face still resistance near 4958/5035/50105.
Decisive move above 5105 will confirm the beginning of up trend.

NIFTY:


OI:

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