Monday, April 1, 2013

S&P CNX Nifty for 2 April 2013.

The tipping point for the day is at 5701 with immediate resistance at 5744, 5775 and 5815. On the flip side the supports are at 5692, 5676 and 5649. A dip below 5649 will erase all the recent profits.
Our outlook for the day is of continued optimism and short term traders are advised to go long on Nifty with 5649 as the strict stop loss.

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