Nifty closed marginally lower than 5460. Which is important for tomorrow and weekly closing basis. Intraday trading range will continue to be 5440-5520. Daily is in uptrend but closing below 5460 will be a sign of exhaustion but not weakness. Below 5400-5380 daily trend can reverse for lower side targets near 5300-5150.
Friday, August 6, 2010
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