Thursday, March 22, 2012

Trade Plan - March 23, 2012


Another day when global cues with domestic bad news of coal scam emanating and Nifty tanking heavily. Thanks to MACD the day was saved without clear cut signal for bullishness. Those who were on the right side of trade minted money from bad news.  Plan for tomorrow is not to trade below 5295 which is reversal level to long positions. Nifty might break down to see 5150 levels tomorrow.  

No comments:

Post a Comment