Thursday, 3 November 2011

Outlook of Nifty for 3rd Nov


Nifty Future immediate support is at 5263-5251 mark. If trades below this level for some time we may see selling pressure towards 5223-5208 and even possibility of 5175 is not ruled out. Immediate resistance comes at 5337 only a crossover with volume will again strengthen the bulls bringing nifty back to the range of 5383- 5403.

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