Thursday, May 16, 2013

Niftyday on May 16, 2013

Niftyday Rule#1: When movement is wild always rely on Pivot Points

Weekly pivot falling on 6171 and it will not be easy task for bulls to breach this line.
Go Short at around 6166

Niftyday Rule#2: Maintain a stop loss of 20 points, and re-enter the market only if condition is favorable in your direction

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