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Thursday 20 September 2012

Nifty Technicals 20th September

As analysed earlier, after closing above 5385 Nifty very quickly reached our target of 5600. Though we are seeing political uncertainties around the down side of Nifty may be limited 5500 to 5400 in the current FnO series. With supports placed at 5555, 5445, 5375. If Nifty sustain its current up move the target is 5800.


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