- Nifty continued the downtrend and lost all the previous day’s gains thus engulfing the previous candle.
- 5340 is the immediate support for the market while 5480 is the immediate resistance for the nifty.
- Today market is expected to trade in the range of 5300– 5580.
- Hold nifty with stop loss 5520 on closing basis..
Tuesday, February 1, 2011
Nifty Look on 2 2 2011
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