Nifty for 28 Feb 08

These are my personal musings. These are not in any way meant to be trading advise. To view the full chart, right click and open in a new window.

The market seems to be making another try at the black resistance zone overhead. Today has been a damp squib as far as an expiration day is concerned.

There is not significant change from the technical position as of yesterday. Short term traders could raise their stops to a close below 5170.

Trade happy after planning your trade.