23 February 2011

Watch Nifty -IFCI research; 23 Feb 11

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Watch Nifty
Ø  Nifty is agonisingly sideways. It took support at the first support level mentioned by us (5440) and moved up. One can anticipate this uncertain movements till the budget after which a direction can be expected.
Ø  Nifty's resistance for 23/02 is expected around 5550 (+/- 10 ) pts.

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