Broker King
Macroeconomic View of World Markets
Tuesday, January 31, 2012
Nifty-short term
Europe is trading positive for the day.Dow Futures are trading positive.Nifty facing resistance around 5200, which happens to be the 200 DMA.Every bounce to 200 DMA can be shorted with the 200 DMA as a SL on a closing basis.
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