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India Equity Research Reports, IPO and Stock News
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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Watch Nifty
Ø Nifty was sideways. It has been volatile and range bound between 5400 and 5600 for some time now. We could expect it to break out of this range soon. As we had said earlier, Nifty could go past 5600 it its next attempt but if it could also close above (we would wait for two consequtive closes) it would mean the first sign of trend reversal.
Ø For 10/3 Nifty's Resistance is the crucial 5600-5610.
Ø The following are good for medium term. If Nifty turns bullish, the scrips could perform well.
o DrReddy> 1632, IOB>149, ITC> 174,
o Bajajauto>1425, Kotakbk>439, LIchsg>210, Ril>1009.
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