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Tuesday, February 8, 2011

Nifty Future Levels For Tomorrow 09-Feb

Benchmark Indies S&P CNX NIFTY ended in red and closed below crucial support levels of 5350. It was down by 83.45 points or 1.55 %. The Indian VIX which is currently at 24.74 and it was up by 0.20 % % or 0.05 points indicates that the market will continue to volatile in the short term.

NIFTY Futures closed at 5320, down 74.05 or 1.37 %. It is looking bearish in the coming trading session if it manages to break the support level of 5225 else above 5445 it would be in a bullish trend.

RESISTANCE: 5445 - 5566.
SUPPORT: 5225 - 5170.

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