Saturday, August 14, 2010

Nifty Trend For 16 August '10

Nifty witnessed the yet another positive sessions & in end closed in the green zone. Yesterday it was overall the positive consolidation day for the market. The next key hurdle for nifty future seems to be at the level of 5500. Decisive closing above this resistance may take up it till the levels of 5600 to 5610 in near run. As for trading we already recommend buy on dips until it close below 5350 for the targets of 5500, 5550.


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Posted By Commodity MCX Tips