Friday, March 30, 2012

Nifty outlook 30 Mar 12

Buy Nifty futures at / above: 5220  Targets: 5235 - 5253 - 5271 - 5289 >>>
Stoploss : 5192
positive to gap up opening is expected
Nifty got a nice support at 200 DMA and bounced from there ...
we can locate double bottom type setup at 5200 level ...
positive closing today will confirm the set up  ...
momentum indicator is pointing up ...gud for bulls 

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