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Tuesday, March 9, 2010

Forecasting NIFTY Trend


Nifty is in upside consolidation phase and facing the resistance at the level of 5150. Today made the closing below 5100 might witness some correction from here and could touch the level of 5045. In the downside the key support base seems to be at the level of 4990 to 5000. We recommend sell on highs in nifty future until it close above 5150 for intra day.


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