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Tuesday, January 25, 2011

Nifty Futures Trend For 27-Jan

Nifty Futures had seen sharp down-fall after RBI monetary policy set and closed near to its days low. It is expected that down fall may continue in coming trading session. One should follow the strategy of sell at higher levels and buy on dips. Support for Nifty Future is at 5668/5628 and Resistance is at 5760/5800 levels.

RESISTANCE: It has first resistance close to the level of 5760 & above this level the next resistance is seen near the 5800 mark.

SUPPORT: It has first support close to the level of 5668 & below this level the next support is seen near 5628 mark.


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