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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Watch Nifty
Ø Bulls took a breather after a sharp rally and witnessed profit booking. The daily chart on NIFTY suggests that the NIFTY has immediate resistance at 5550. If it breaks 5550/5560 we could see the next key resistance levels of 5640 or even 5703. On the downs side, the NIFTY has found the support at 5460 and 5410 levels. Technically the short term trend on NIFTY is likely to remain positive and the next hurdle for NIFTY is seen at 5690/5700 levels. On the downside, Breakout of 5350/5320 would invite fresh selling pressure.
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