28 December 2010

IFCI - Watch Nifty - 28 Dec 2010

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Watch Nifty
Ø  Nifty continued to move sideways amidst tepid volumes. It clearly needs to break-out which most probably might happen after the dawn of the new year.
Ø  Nifty continues to face resistance around 6060 ( +/- 10 pts.) levels and support around 5950-70 levels.

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