- Nifty started the day with a flat opening and gained momentum after first hour of trading breaking the resistance of 5480 and 5520 and finally closed at 5526.
- The short term down trend for the market would reverse and traders can initiate long positions with 5380 as stop on closing basis.
- Today market is expected to trade in the range of 5380– 5620.
- Wait for any fresh trade in nifty.
Thursday, February 3, 2011
Nifty Chart
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