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Wednesday, December 1, 2010

CRUCIAL NIFTY LEVELS for DAY AHEAD : FULL REPORT !

FOR INDIAN MARKETS ONE MAY EXPECT A FLAT TO MILDLY WEAKER OPENING TO GIVE UP SOME GAINS OF TUESDAY ONLY TO RISE AGAIN LATER. BUT SUDDEN BURST OF PLANTED NEWS ELSEWHERE MAY DAMPEN SENTIMENTS. SPOT NIFTY FINDS INITIAL SUPPORT AROUND 5850 BELOW WHICH 5830 TO 5815 ARE SUPPORTS. ON THE HIGHER SIDE ONLY A DECISIVE CROSS OVER OF 5909 CAN TRIGGER SHORT COVERING TO TAKE NIFTY FURTHER UP DURING THE DAY. INTRADAY CORRECTIONS MAY BE USED TO BUY FOR HIGHER LEVELS.

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All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.