Friday, January 27, 2012

Trade Plan - January 30, 2012


Nifty closes above 5200 levels @ 5205 and closer to the 200-SMA level of 5208 after a gap-up open and then being range bound on the weekend, and the  bullish momentum of the market remains intact. VWAP @ close is 5199.


A 52-week chart with trendline analysis which helps intra day trading when major levels are understood well on the long-term time frame. Happy weekend. Happy trading :)

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