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Watch Nifty
Ø Nifty moved up without much conviction amidst tepid volumes. One has to watch Nifty breaking out of the 5700-6050 range. It resisted at the levels mentioned by us of 5950.
Ø Along with Nifty, many scrips moved sideways except the odd ones like NTPC, Polaris, Petronet LNG, Hindalco, Tata Steel, all of which were recommended on 14/12/10.
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