Wednesday, August 3, 2011

DOJI AT SUPPORT LINE

Today there is gap down and at the end of day doji formation at support line of the triangle we are talking from so many days.  If tomorrow there is gap up you may buy nifty safely for target of 5475-5500. But remember this is counter trend  since at present nifty is in down trend and this buy position can be taken with strict stop loss of today's low which is 5378.85. If tomorrow there is gap up intraday long also can be taken with opening low as strict stop loss.

NIFTY DAILY

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