Thursday, July 7, 2011

Nifty spot closed just below 200 DMA and above falling trend line.

Nifty spot closed just below 200 DMA and above falling trend line....falling trendline and 200 DMA both will try to bring Nifty to down side...and today's momentum will try to break 200DMA..so go long above 5750  and book profits below 5750....expecting 200 points both way