Monday, August 1, 2011

Trade Plan - August 2, 2011


Gap up opening above 5525 but failing to cross 5555 and sustain above 5550 levels on spot prices and closes at 5517. VWAP is 5526.

1) Views remain same as on the weekend. Nifty remains weak below 5555 close on spot prices for interest to be generated in the market. Levels above 5555, will be 5585-5610.
2) Below 5495, levels to watch 5430-5380. Happy trading :)

No comments:

Post a Comment