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Sunday, January 2, 2011

Nifty calls for 3rd january


****Wish You A very Happy New Year 2011****

Nifty future saw healthy recovery and closed near to its resistance levels. As we previously mentioned that if it sustains above 6100 level it can take more up move. We can see some more up moves till 6250 level, one should adopt the strategy of buy on dips. Resistance for Nifty future is at 6215/6320 and support is at 6100/6062 levels.

RESISTANCE: It has first resistance close to the level of 6215 & above this level the next resistance is seen near the 6320 mark.

SUPPORT: It has first support close to the level of 6100 & below this level the next support is seen near 6062 mark.

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