May 29, 2009

NiftyEOD Chart, 29-05-09

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


Trend is up with stoploss at 4100. Recent gap is 5th gapup.
Weekly resistance: 4500. Next res 4650.
Options are very expensive with 4500 strike price priced at 370 for call and put.

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