Nifty supports 5229, 5212,5185
Nifty Resistances 5235,5255, 5270.
Trading strategy for Intraday : Buy Nifty above 5235 with stoploss 5212 target 5255,5270.
book 50% @ 1st target modify SL to buying price and wait for 2nd target.
Sell Nifty below 5212 with Stoploss 5235 for targets 5185, 5165.
book 50% @ 1st target and modify SL to buying price and wait for 2nd target.
I already mentioned in previous post that strong support is at 5212 once cross with volumes than we may see next level 5185.
2009 - 2010 Nifty Intraday Levels. Content in