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Thursday, April 19, 2012

NIFTY@ Technicals

Various Negative Buzz was flowing for Nifty in the past few weeks.
We said on various occasion that as long it remains above 5170/5220 there's nothing to worry and only a closing below 5170 only could take the Nifty further down.


Going ahead Nifty faces tough resistance around the 5428 mark and a closing above that could take it further higher which we'll update later.

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