Friday, May 14, 2010

NIFTY TODAY
Today nifty traded in wide range with negative bias. In addition it surpassed crucial support 5140 levels and closed below 5100 levels. Volume was rather good. FII’s were net sellers for 381.42 crores. DII’s were net buyers for 164.64 crores. Market breath was negative with 6 advances and 44 declines. Today the trend decided by the market was bearish I feel so. Let’s see what market has stored for us next week.
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