18 January 2011

IFCI research:: Watch Nifty - Jan18, 2011

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Watch Nifty
Ø  Nifty continued its agonising sideways move with intra-day whiplashes. This could continue for some more time. Investors can consider buying  puts at higher levels as a hedge.
Ø  For 18/01, Nifty's support is likely around 5600(+/-10pts).

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