Niftyopened positive but succumbed to some selling as the sessionprogressed. it finally ended the day with a loss of 55 points at5687. It has been range bound since past 6-7 sessions with a negativebias. The level of 5840 is a resistance which Nifty needs to clearfor any upside confirmation; likewise an equally important support isplaced at 5625. A breach of either side of this trading range willprovide a good opportunity to open a trade. If Nifty conquers 5840then we may see further upside till 5970, alternatively a breach of5625 can drag it down to 5540. We suggest a wait and watch approachtill the time Nifty remains within the confines of this broad range. Nifty Intraday Tips

31 Jan 13 at 04:17 PM By: Moneymystery

Technically Jet Airways has closed strong today.
Todays closing at 621.
Very strong support at 614/610 and as long this level is maintained no need to worry where on the upside it could see level of upto 667/681 in the very short term.
Limited Risk Maximum reward only with Money Mystery.

Trade accordingly.

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16 Sep 11 at 12:51 PM By: Monclernimei

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