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India Equity Research Reports, IPO and Stock News
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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Watch Nifty
Ø Nifty went down yet another session but closed with some gain from the day's low. A reversal up seems imminent in the near term. However, we would like to reiterate that the longer term view remains bullish. The maximum downside risk in Nifty is around 250 points and in Bank Nifty it is around 800-900 points. It is also not necessary that we should touch the lower boundaries.
Ø Nifty's resistance for 21/11 is likely around 4950 and support around 4800.
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