Tuesday, 21 February 2012

NIFTY RESISTS AROUND 5,630 LEVELS


GOLDEN INVESTMENT RESEARCH (P) LIMITED
Date : 21.02.12



Goldennifty said: ``The Nifty future is likely to trade in the range of 5,070-5,680 level in short term as the OI is added. The trading strategy would be to create long positions if the Nifty takes support around 5,500 levels for the target of 5,550 and 5,600. On the other hand, one can also create short positions if the Nifty resists around 5,630 levels.

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