Friday, 11 November 2011

Outlook of Nifty for 11th Nov


Nifty future immediate resistance placed at 5263-5273. Only above these levels one can expect a recovery towards 5337-5354. In any case a breach of 5223 is not a healthy sign for the bulls. However if nifty stays below 5223 then downside support comes at 5173-5155.

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