Friday, March 26, 2010

NIFTY TODAY
Today nifty traded in a tight range. Volume was average. FII’s were net buyers for 590.9 crores. Nifty strongly resisted at 5300 levels. However closed above the resistant level 5280 which is encouraging! Technically in the price chart a bullish pattern had formed. Today itself I expected a breakout but not happened. Let’s see what happens next week.
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