Watch Nifty Ø 19 Oct 2011:: IFCI research,

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Watch Nifty

Ø  Nifty made a sharp move down. Volatility could be expected as it attempts to touch 5170-5200 once again. However, if and when it reacts to 4700-4800 levels, one could invest.

Ø  Nifty's resistance for 19/10 can be expected around 5080-5100 and support around 5000 (+/- 10 pts.)