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udittrifid

Udit Trifid
Stock Tips 03/05/2013
Posted on May 2, 2013

Benchmark Indices ended on a buoyant note on hopes of rate cut by RBI and closed above their crucial mark. Nifty future traded towards higher levels for the whole session and bulls drifted nifty towards its psychological mark of 6000. Volatility is expected due to monetary policy and immediate resistance seen is 6040 above which 6080 is seen as next important resistance. If it trades in the range of 6000-5960 then it next support is seen around 5920.
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Stock Tips-13/05/2013
Markets rallied for the whole week and settled above their crucial resistance levels with support of better than expected IIP data. Nifty future resisted near 6090 in the intraday session and bulls carried the index towards the next resistance of 6120.
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