Monday, November 5, 2012

S&P CNX Nifty for 6 November 2012.

The tipping point for today is at 5699 above which the Nifty will test the immediate resistance od 5730. Below 5699, the immediate support is at 5690 and then at 5678 and 5630.
Our outlook for today is that the Nifty may show a little more of sideways movement in a consolidating mode without any significant damage.

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