Wednesday, August 17, 2011

August 18, 2011


Nifty remains range bound today between 5020 to 5110 and now VWAP @ close is 5066. Nifty closes at 5057.

1) The reversal level for tomorrow morning is Nifty sustaining above  5075 for target of 5110-5150.
2) Below 5020, Nifty becomes weak and could likely test 4950-4900. Happy trading :)

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