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Nifty Futures

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Nifty Futures

(Updated on 13-06-2012 Time 09.05 AM)
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Yesterday as expected and indicated market bounced off
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forming low at 5015.
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It has entered in strong resistance area of 5129-5155.
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Also likely to move up to 5199.
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Above 5129-5159 hurdle and trading with volume
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above this level may see more upside  upto 5199.
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But we should be remain with comfortable position.
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Below 5102 with volume and  if sustains may drive it to
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 5090-5072-5059.

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Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They’ve black magic of stock market analysis because studied charts over 20 years.

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