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Thursday, July 12, 2012

What Ahead For Nifty??

Exclusively to our clients above 5220 we gave the upper side resistance at around 5360 where we talked about supply coming in and we saw Nifty touching around 5348 & corrected. I still say there's nothing to worry such and its a buy on any good decline where level of 5220-5170 likely to provide excellent support for Nifty & we could see a good bounce again. Only a closing below 5170-5160 will be a matter of concern and will avoid any long.


Check out our previous messages on Nifty.
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