Friday, April 16, 2010

Divergence Worked

On Daily Chart Nifty had divergence and finally price followed the momentum.
Nifty may try a pull back and one have to see its strength at key resistances of 5320 - 5350.

We will have a short term trend reversal only if Nifty trades below 5250.

Geometric Software has support at 70.50 and resistances are at 79- 84

Keep your volume low.

Trade less, trade well

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