Nifty closed exactly near our SL at 5532 yesterday. Volumes have been under pressure for the past few trading sessions. Nifty is piosed to open lower in the morning session. Nifty need to make intraday low below 5460 to gain momentum; else there is always a chance for intraday bounce in Nifty. We will keep you posted once the market is opened. Keep watching this blog.
Wednesday, 9 March 2011
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