03 December 2010

Watch Nifty -IFCI research, Dec 3, 2010

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Watch Nifty
Ø  Nifty resisted near 6020 and could not cross the level during the entire day. We can expect a reaction in Nifty in a session or two. On the downside, 5950, 5860 and 5820 would act as supports.
Ø  Nifty's resistance for 03/12 is likely around 6050 ( +/- 10 pts.). and support around 5950 (+/- 10 pts.)

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