Wednesday, 16 March 2011

Nifty Outlook for 16-03-2011

Yesterday's move in Nifty has pushed the index into no man's land. We still feel a little push down towards 5300 would complete the correction in Nifty. Book profits at regular intervals until a clear movement in Nifty is identified. Positional Traders can hold short with SL at 5500 on today's closing basis.

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