Sunday, 10 April 2011

Midday Outlook on Nifty (11-04-2011)

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Nifty Intraday Chart: It has been a movement less morning session. Opened up in a gap down, filled the gap, moved lower and started moving sideways. We expect a bounce on intraday chart in afternoon session from around 5790. However, I am not trading anything and just holding on short position.

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