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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

Wednesday, February 9, 2011

Nifty Support & Resistance 9th FEB 2011



SUPPORT         5295

RESISTANCE     5340


Shorting at this stage in Nifty could prove to be a very Risky decision, keep a tight stoploss.
On the other hand one may buy Nifty on a breakout over the Resistance or at Lower levels near 5290 and 5288.

Trader Discretion is Advised
Posted by Wave Trade India at 4:18 AM
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