IFCI -Nifty- 4 April 2011

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Watch Nifty

Ø  Nifty was listless on the first day of the financial year. It was to be expected after 7-8 sessions of strong moves. It could slightly react before picking up steam. It faces hurdles at 5880, 5900 as mentioned earlier.

Ø  Nifty's resistance for 04/04 is expected around 5880, 5900. Supports are likely around 5800 (+/- 10 pts.).