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Monday, August 9, 2010

Nifty Today and Trading Strategy

Share Market Strategy


Nifty witnessed the yet another positive session & in the end closed in positive zone. The next key resistance point for it seems to be at the level of 5500. Decisive closing above this resistance may take up it till the levels of 5550, 5600 in near run. In the lower side the key supports for intra day seems to be at the levels of 5405 & 5350. For trading as we already recommend in our previous reports that one may go for buy on dips in nifty future until it close below 5350 for the targets of 5500, 5550, so traders may keep long in nifty future.



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