Friday, January 6, 2012

Today Market Trend

Today Trading Strategy

Today Nifty could see gap down opening due to weak Asian cues and it could test at 4720/4705 levels.
If NIFTY trades below 4690 one is advised to go short for the target of 4640/4610 with keeping stop loss of 4730.On the higher side, the resistance level for the NIFTY is seen at 4780/4810. Watch out of cement companies like ACC, Ambujacem & Ultratech etc..

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