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The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.
--- Jesse Livermore

Thursday, February 24, 2011

Nifty Support & Resistance 24th FEB 2011


SUPPORT         5425

RESISTANCE     5525

Support and Resistance levels of Nifty Futures have been left unchanged as it stayed within the range with no breakout or breakdown. As current month future contracts expire today I would advise against trading in the Index Futures (not trading is a very good strategy followed by trading professionals and ignored by amateurs).

Trader Discretion is always advised. 
Posted by Wave Trade India at 3:34 AM
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