March 24, 2009

NiftyEOD Chart, 24-03-09

This is for education purpose only and may not be useful for trading

EOD view: 4th gap up...exhaustion???....intraday rally fizzles out and markets
close near day's low.
Gap down opening will set tone for some more downsides....on the other hand,
range bound trading within todays' range will postpone the correction.
Use 2 day swing as trailing stoploss.

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