Nifty View on 19/08/2010

Nifty Previous Day: Open: 5416.25 High: 5487.95 Low: 5416.25 Close: 5479.15 (+ 65.00)

 Nifty open at 5416.25 and nifty face resistance 5438 level and cross that 5438 resistance level nifty went up to 5487.95 . Then finally nifty close at 5479.15.

Yesterday Nifty achieved our's Intraday Call. 22 points profit in intraday. 

Nifty View on 19/08/2010

 Nifty face Resistance at 5496. If nifty reach this level go short and keep stop loss at 5513. Target 5474,5465. Above 5514 go long and keep stop loss at 5495 target 5535, 5543.

 Nifty take support at 5463. If nifty reach this level go long and keep stop loss at 5446. Target 5482, 5489. Below 5445 go short and keep stop loss at 5464 target 5425, 5419

Happy Trading.