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Saturday, January 21, 2012

Nifty Range Trend 23 January

Nifty Outlook | Market Trend | Nifty Range Today:- Starting from 23 January the coming week is expected to start with increase in volatility. It will take cues from global markets and open on a flat to positive note.
Nifty Range :- Nifty has strong support at 4,950 levels. Current Trend of the market in the short term is positive. Sustaining above the levels of 5,075 will be positive for the markets, and may even beit may touch the higher levels of 5,150 and 5,220. Upward movement in the market will face stiff resistance at 5,220 levels. On the lower side, breach of 4,950 will be viewed negatively for lower level targets of 4,680 and 4,630.

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