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Thursday, April 29, 2010

Technical View and Advice on Nifty Future

Nifty future witnessed the volatile session back by the futures and options (f&o) expiry. Nifty future still holding the level of 5200 which is positive sign for it. Nifty could continue the uptrend for while. In the upside we might expect the main resistance for the intra day trading around the level of 5350. We recommend that traders could fo long in nifty future from the current levels with the stop loss of 5190. In the upside they might get the targets of 5300, 5320 & 5350.


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