December 8, 2010
Opening bell Tradology (8-12- 2010)
Nifty spot has made double top in 5 min chart yesterday.
Now if nifty spot is breaking 5960 level today it will see very strong down move.
one should trade with caution now.
We are expecting nifty spot to face resistance at 6020 and 6044.
above 6044 we will see further up move.
HCL tech :
This stock is looking very strong for upmove. Keep your eyes on HCL tech .
We are expecting it to take support at 413 for day trader.
It has very strong resistance at 453.
We can expect 453 in coming days.
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