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Sunday, October 25, 2009

Nifty Tips

Current Price--------4997
Resistance:
R1----------- 5060
R2-----------5115
R3----------5190
Support:
S1----------- 4910
S2-----------4824
S3----------4700
the intermediate term view for the nifty stays positive as long as it holds above 4700. but a sideways move between 4800 and 5300 is envisaged for a few weeks.

Disclaimer: this is my personal view.

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