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Nifty Outlook for 24-02-2011


Looking at the intraday chart, nifty is poised to make big move downwards. The momentum is picking up. There is a support seen at 5410; which is likely to break this morning. We are holding short on Nifty. For more intraday levels keep watching this space during market hours.

For intraday SELL NIFTY@5470~5495 WITH SL@5511.

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