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Intraday Tips for Tomorrow- Nifty Prediction Thursday 26 May 2011

Discussion in 'Stock Market News & Analysis' started by rohans305, May 25, 2011.

  1. rohans305

    rohans305 Member

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    Today Indian markets ended in the negative territory as traders squared off positions ahead of May series expiry. Weak cues from global markets also hurt sentiments. The S&P CNX Nifty ended at 5348.95, down -45.90 points or -0.85 %.
    The Nifty futures closed and settled finally at 5349.45, down by -38.40 points or -0.71 %. It is looking bearish in the coming trading session if it manages to trade support level of 5310 else above resistance level of 5375 it would be in an upward trend.
    It has resistance close to the level of 5375 & above this level the next resistance near the 5440 mark. It has support close to the level of....read full post
     
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