Nifty witnessed the correction from the higher levels & in the end closed in the red. The next downside support for it seems to be around the levels of 5340 to 5350. Closing below this support zone may drag it till the lower levels of 5290 to 5300 in short run. We recommend that traders may go for sell in nifty future below 5350 for the target of 5300 for intra day trading.
Wednesday, July 14, 2010
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