Thursday, September 1, 2011

NIFTY VIEW FOR 02.09.2011

We have had a good run on Nifty from the bottom of 4720 odd.Expect profit booking to come at higher levels and be ready for intraday shorts to develop in system.
Levels to watch on Spot Nifty :
No trading zone between 5019 to 4983 to avoid whipsaws.
Buy above 5019 with SL of 4999 for targets of  5036 - 5054 - 5072 - 5097
Sell below 4983 with SL of 5003  for targets of  4966- 4948 - 4931 - 4906 
Happy Trading ! 

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