19 May 2011

IFCI research, Watch Nifty: 19 May 2011

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Watch Nifty
Ø  Nifty continued to be weak. Its near term first support is likely around 5380. There is a good chance of it bouncing up from these levels, even though for a short period.

Ø  Nifty's support for 19/05 are likely around 5380 and 5350.

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