Monday, December 19, 2011

S&P CNX Nifty for 20th December 2011.

If the Nifty does not sustain above the 4595 mark tomorrow then the immediate support is at 4577. If the 4577 mark is breached, then fresh supply may emerge leading to deeper losses with Nifty touching 4447 levels and then 4295. Deep negotiations are advised for mid term investors in key index stocks as some hedge fund seems to be resorting to portfolio seling. Please do not rush into buying at available rates.

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