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Thursday, March 4, 2010

Nifty Analysis

Nifty witnessed upside consolidation phase today and one thing is looking very strong about nifty is the recovery from lower levels. Now we  are expecting that nifty could touch the level of 5150 in short term. Traders should go for long position in nifty with the SL of 4990 for the Target of 5150. Today nifty once touched the level of 5050 and made strong bounce from that level. Overall nifty is looking to continue its uptrend for while.


 

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