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Sunday, December 5, 2010

Nifty Trading tips for Monday 6th DEC

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Nifty Future moved under range in last two trading session , but closed near to its resistance level of 6060, If Nifty future sustain above 6060 level we can see some more up move to 6150 levels . One should take long position above 6060 level. Support for nifty future is at 5960/5900 and resistance is at 6060/6150.

Resistance: It has first resistance close to the level of 6060 and after it may face the next resistance close to the level of 6150.

Support: it has first support close to the level of 5960 and after it may get the next support close to the level of 5900

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