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Thursday, March 29, 2012

NSE Nifty|Gold Updates Today

NSE Nifty Outlook|Gold Intraday Tips For Today|Stock Tips Trend Range Levels|Trading Strategy NSE BSE For Today 29 March:- Yesterday Nifty closed at 5194 down by 48.40 points after taking a low of 5169.60 and a high of 5236.55. Sensex closed at 17121 down by 135 points. Volume was lower than that of yesterday and the market breadth was negative. Today Indian market is likely to remain volatile as deteriorating fiscal situation due to lower than expected tax collections and higher than expected subsidies prompts investors to sell Equities. NSE NIFTY With market trading lower end of the two key level of support near 5170-5200 and the resistance 5370 it is best to describe as a consolidation phase from intermediate term point of view.
Spot Nifty Levels for 29 March:-
Resistance : 5280-5300-5360  Support : 5170-5150-5080 
Gold Updates :Gold Intrady tips for Today 29 March--------------------------------->
We expect gold and silver to trade with a sideways positive bias in the evening session today.
GOLD : S1-28040- S2-27930 S3-27850  R1-28260 R2-28370 R3-28450

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