Monday, September 7, 2009
BREAK OUT AFTER CONSOLIDATION
Nifty is poised to give a break out after consolidation as long as global cues support the move.For this week, the pivot is NF 4671 with first resistance in the zone of 4744-4792 and support around 4648-4600. NS has to cross and close over major hurdle of 4755. This month's first resistance is NF 4837.
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