Friday, July 22, 2011

Trade Plan - July 25, 2011


Gap up opening above the 5-EMA level of 5570 and above 5580, Nifty remained above 5620 level most of the day to close at 5634. VWAP @ close is 5623.

1) Bullish levels for Monday, 5650-5685-5730. Reversal below 5620 only.
2) Below 5620, levels of 5580-5555 will get tested. Happy weekend! Happy trading :) 

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