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Friday, April 23, 2010

NIFTY DAILY VIEW

Fresh buy if crossover yesterday high

Dow closed marginally positive and asia is trading mixed,sgx nifty is slightly down.
The nifty opened with negative note with the effects of previous day, as the day go through the nifty showed weak sign but immediate before the afternoon the nifty has bounced back, in afternoon session nifty made the days high and break the both technical resistance, the banking was as usual the top gainer, the top gainer was SBI and SAIL. But just before the closing the nifty felt down and closed with minor gain of 0.4%. Today crucial Support 5216 and  Resistance 5326.






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