Watch Nifty Ø 15 Sept 2011:: IFCI research,S

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Watch Nifty

 

Ø  Nifty was volatile but closed with decent gains. We have to see if it crosses 5200 on the upside and 4900-10 on the downside. If 4900 is violated, it could touch 4700 with intermittent pull backs.

Ø  The resistance for 15/09 is likely around 5030 and 5070.