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Thursday, 15 November 2012

Nifty Spot

Nifty will take support @ 5596. One can go long @  5596 with 10-15 points as stoploss. Break of 5596 will take nifty to 5535.                                                  Support @ 5585,5535, 5495, 5436
Resistance @ 5650, 5778, 5830.
Again & again nifty is taking support @ Gann angle. So with risk of 10-15 points a long trade can be initiated. And closing below 5596, one should initiate a short trade with 10-15 points as stop loss.

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