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NIFTY weekly view

Sunday, December 12, 2010 | | |

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In last week Nifty enjoy roller-coaster. From level of 6000 it enjoy free fall til the level of 5750. Pushing out itself more on bearish side. If you had good memory, then you remember that is level Nifty checked twice in Indian Stock Market.

If we are think 5750 is support level and 6000 is resistance , then we got clear view of Nifty range. We can trade in this level both buy and short side. Just keep in mind, range of Nifty. Once one of the side broken clear the position, if it against market trend.

In lasrt session market comes in neutral zone. Bulls and bear push to each other. Let's see what comes in this week.

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