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Tuesday 13 December 2011

TRADERS DANCING ON THEIR TUNES !!!!


It would be irrelevant to quote anything on the market direction at this stage. The markets are experiencing high volatility in the intraday and daily sessions and are almost at the support levels, but considering the medium term view, they are still in the consolidation. 4720-4750 is the likely supports. If the Nifty manages to break these levels it can further touch 4600-4580 levels too. On the other hand, it should break the short term resistance of 5170-5190 levels to enjoy the further up move.
To Be Or Not To Be: That Is The Question!!!!!

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