Nifty managed to close around 1st Resistance level of November showing some strength as well indicating range bound trading. Pivot for m/o of December is NF 4901 with bullishness over 5086 and bearish below 4974...... more when the range gets broken.
Expect range bound trading today with resistance in the range of NF 5046-5068 and support around 5000-4978 ....pivot being the yesterday's close. ... bullish only over 5061 and bearish below 5002.
Tuesday, December 1, 2009
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