Nifty yesterday respected the 200min MA resistance line(Check the intraday chart) and bounced lower. For 19th Feb 2009 go long above 2800 for a target of 2820 and 2842. Or Short below 2770 for a target of 2740 and 2710.
Rajandran is a Full time trader and founder of Marketcalls, hugely interested in building timing models, algos , discretionary trading concepts and Trading Sentimental analysis. He now instructs users all over the world, from experienced traders ,professional traders to individual traders.
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