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Friday, February 5, 2010

NSE - NIFTY Tip

Nifty has broken vital support base of 4750 to 4800 today & also made closing below it. As we had already mentioned in our previous reports that the down trend could be continue in market & we could see the level of 4700, so today it happened.now we could see the major support base around the level of 4650. If nifty break this level & close below it so could reach to the level of 4500. We recommend that traders should go for sell on nifty future around 4750 level & they should book profit around the level of 4650 with SL of 4800.

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