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Nifty Spot


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Nifty Spot

(Updated on 25-01-2013 at 07.40 AM)


As expected Nifty spot dipped to 6007 near risiing

trendline support at 6006 for the day and closed at 6019.35.

Yesterday’s low at 6007 is important and may decide furture

course for coming sessoons. If it does not sustain 6000-6006 area

and break below 6000 mark then expec slide up to 5985.

If Nifty trades below 5975 for 15-20 minutes

then expect 5961-5940 levels in hours.

Closing below 5935 may cause more downside up to 5884-5850.


6032-6039 hurdle for short term trend.


Crossover may take it up to 6063-6069.


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