7/16/2010

nifty level

If opens flat, again Nifty may resist at 5400 levels.

It may come down to 5372.If breaks 5360-5345 expect 5310.

But if opens above 5405 levels expect a new high today.

Be careful today at higher levels.

Dont hold overnight long positions above 5435-5465.If closes below 5375 buy Nifty.

One more final rally above 5400 is due.

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