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Thursday, August 4, 2011

Nifty Technical Levels For Today 4 August

Nifty Outlook:Tips, Trend (Thursday, 4 August)
Pre opening session of the markets starts with quiet start today. Yestersday markets closed on a negative note. The SGX Nifty is at 5406, down 23 points
The Sensex closed at 17941, down 169 points and the Nifty closed at 5405, down 52 points at the end of today's trading session.
Top NSE Gainers of yesterday's trade were: SAIL, Sesa Goa, Bharat Petrolium, Reliance Infrastructure and ITC.
Nifty (Spot) Intraday closing was at 5404 and it is predicted that it will be in down trend today.
 
Resistance : Its first resistance level is at 5415 and above this level it could test the resistance level near the 5475 points.
Support : Its first support level is at 5355 and below this level it could have support level near 5295 points. 

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