Tuesday, January 31, 2012

Trade Plan - February 1, 2012


Nifty closes @ 5199 after a perfect gap up and sustaining above the 5-EMA/SMA levels. VWAP @ close is 5181.

1) Once again Nifty looks bullish to go past 5255-5290-5315 above the level of 5225.
2) Weakness will be below level of 5170 intra day and will get accentuated below 5140 levels. Happy trading  :)

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