Thursday, 18 October 2012

Trading the Nifty on 19th October 2012


Trading the Nifty on 19th October 2012

Today the Nifty chart look much better than yesterday. The positive opening of Asia pacific and Europe has supported the nifty if alo is well the Nifty should continue this trend upwards. From here I would say the levels of 5745 and 5757 are some possible targets. The Nifty may face resistance at 5770. On the lower side the Nifty should  not fall below 5700 levels. If this happens 5694 and 5682 could be the levels tested.

Happy trading

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