3 Nov: Watch Nifty Ø IFCI research,

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Watch Nifty

Ø  Niftyclosed flat. Of course, intraday it touched both 5200 and 5300. One has to wait for a clear direction. As mentioned earlier, 5140-50 is a key support level

to be watched.

Ø  Nifty's resistance for 03/11 are 5300, 5340-50 and support 5140-5160.