Monday, January 2, 2012

S&P CNX Nifty for 3rd January 2012

The nifty held up above the 4620 mark almost throughout the session yesterday. The opening trades suggest a bullish mode. However, 4719 should act as the immediate resistance beyond which fresh short covering may emerge. 4675 and then 4650 should act as immediate supports. Only below 4618 will fresh supply emerge.

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