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Saturday, January 7, 2012

Nifty Range For Today

Nifty Tips Trend Level Range And Intraday Stock Tips For Monday 9 January:- It was a mixed week for the Indian market which saw a couple of positive sessions and then see-saw move. We believe that market is consolidating in the short term before resuming its downward move. Global cues were mostly subdued and quiet. The markets performed average this week. The BSE Sensex was up by 2.8% and Nifty up by 3%.

Nifty Range For the coming week: Nifty made a new high but was unable to close above it. If it closes above 4,825 on the upside, then resistances are placed at 4,860-4,910 levels. On the downside, supports are placed at 4,610-4,525 levels in the near term.


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