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Showing posts from April 6, 2013

NIFTY - Macro View

Image
NIFTY (5553) - Below is the Spot NIFTY macro view : 
Last hope and support 5550-5500 
But trade and stays below that then
this round ultimate down side target 5000-4950
 and now if it not break the mentioned support then
any pull back rally capped at  5750-5800
In sum 
5800-5750 << 5550-5500 >> 5000-4950