Saturday, March 5, 2011

Nifty for 7.3.11 to 11.3.11


The markets were in a bullish mode throughout the week ending 4th March even though it was a truncated week. After touching a high of 5608 on Friday the headline index finally closed at 5538 up 235 points. If the Nifty manages to cross 5670 levels on good volumes, another bout of fresh purchases may be considered. However, 5350 is unlikely to be violated.

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