Nifty Prediction For 20 September 2010

Nifty witnessed a high volatile session with positive bias today. Overall it was yet another positive session for the market. Technically nifty future may face the next resistance close to the level of 6000. Decisive closing above this resistance zone may further advance nifty future towards more gains. In the downside the immediate support for nifty future seems close to the level of 5865. Decisive closing below this support may make it slip till the lower levels of 5820, 5775 in near run. For intra day trading we recommend long position in nifty future until it close below 5820 for the target of 6000 in near run.

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