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Archive for January 22nd, 2010

Friday, January 22nd, 2010

Nifty Technical analysis

Friday Nifty opened with panic and then recovered from the day low. Bellow 518It tried to test 5180 level intraday but failed to sustain there. Intra day support for Nifty was near 4950 & resistance near 5180. IT stocks were the weakest for the day while FMCG stocks were strongest for the day. Global market [...]

Tags: bare market, Breakout Stock, Daily Nifty Analysis, Global market, market breadth analysis, medium term trend, Nifty, Nifty 50, nifty resistance, nifty support, nifty technical analysis, technical calls
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Disclaimer: The Calls made herein are for informational purpose and are not recommendations to any person to buy or sell any securities. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this column. Readers of this column those who buy or sell securities based on the information in this column are solely responsible for their actions. The author and his cliants may have positions in any of the stocks mentioned in this column.

Archive for January 22nd, 2010

Friday, January 22nd, 2010

Nifty Technical analysis

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