25 January 2011

Watch Nifty- IFCI research, 25 Jan 2011

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Watch Nifty
Ø  Nifty made and upmove. It should be consistent in its show of strength to conclude that the reversal process has started. One has to wait and watch for the next 3-4 sessions.
Ø   Nifty resisted near 5750. It has resistance around 5800 ( +/- 10 pts.) in 25/01 trades.

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