Monday, February 14, 2011

Nifty Volume profile Trading

I HOPE EVERY ONE LIKES MY TARGET OF 5150 POSTED
 WEEKS BEFORE
As per 5 day volume profile Resistence for this upmove comes in therange of 5397 & 5420.

Suport lies 5238 & 5260.

One Big bar formed at Friday EOD @ 5310 lets see is it short covers  or new Shorts form.

I think we today open near to 5345-5355 zone.

I will go for a Gap trade with 15 point sl,for target of 5320.

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