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Wednesday, May 05, 2010

NIFTY DAILY VIEW

The Future index of the nifty were also open with higher note but the selling pressure across the all sector could touch the intraday low, the cues from out of the boundaries made the nifty future low, the sentiments of the trader were bearish when the market open so the selling happened in future stocks, the suggestion for the trader is that keep short position in all stock with strict stop loss the support would be at 5093-5050. and the resistance would be at 5203.

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