Watch Nifty Ø 15 NOV 2011:: IFCI research,

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Watch Nifty

 

Ø  Nifty  though opened well, lost all its strength and towards the end of session closed near 5140 which does not speak well of the momentum of the index. As mentioned earlier, 5130-40 levels are to be watched closely (preferably on closing basis)-if not held, the next immediate support levels are 5100-5050-5000.

Ø  Nifty's support for 15/11 are 5130-40, 5100.