Global cues are mixed if it faills to keep out the highs some small pull backs can be seen, most of the index are trading to the weekely resistance point , trade nifty with caution dont take trades until clear trend lot of wipswa seen today, BUY nifty 4658, 4640 with tight sl of 4635 to the target of 4706, 4732 . sell nifty 4630 with tight sl of 4645 to the target of 4613 , 4599. maintain tight stop in your trade,
reflection of same is seeen commodity natural gas come back to the buy zone but trade carefull EIA gas report is due on the way on thursday,
Have a happy trading,
Tuesday, August 4, 2009
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