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Tuesday, August 17, 2010

Nifty Future Tips for Intraday Trading

For intra-day trading we recommend that one may go for buy on dips in nifty future until it close below 5390 for the targets of 5480, 5530.

As Nifty witnessed highly volatile sessions today and in the end made flat closing. This was yet another range bound session for the market

In the upside we might expect the decisive movement above the level of 5500 which is the crucial resistance point for the nifty. In the downside the short term base seems to be at the levels of 5350 to 5360. 

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