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Tuesday, December 13, 2011

Nifty Futures Updates for Today 13 Dec

Nifty Future: It has given rocket kind of move above our break out level of 5016 & made intraday high of 5094.

For now Nifty has been moving in nice Channel Range. Support of lower trend line of the channel comes around 4600. it should be watched carefully for the price action around this support level for taking long / short position.

Immediate resistance is placed at 4950. CLICK on Check Chart for details.


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