Wednesday, September 11, 2013

#165 Nifty Update

 Nifty has closed above a strong resistance level of 5724 today. Our target was 5769 as we expected on 4th September 2013. Technically it has closed a way above 100 EMA and 200 EMA. Now markets are in a   strong bull run. Now we can expect a high volatile sessions upto 17th and 18th Sept when we have bank policies. Our Strategy now is to hold longs initiated on 4th Sept with Trailing SL of 5724 Closing basis

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