Nifty strategy for 4th feb 2010

We saw good win by a bulls,but it was necessary for nifty to touch 4976.

Todays close 4932.

Strategy for 4th feb for NIFTY CASH

Nifty: Support at 4898.
Below 4898 we can see 4865.
Above 4950 the nifty will touch 4982/84.

Go short if nifty goes below or trade below for some time at 4898.
Go long if nifty sustain above 4950. target 4982.


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