PreMarket Motilal Oswal 14th June

DSIJ Intelligence / 14 Jun 2010

After Thursday's late recovery, Nifty started the day on a strong note and jumped above 5100 mark on the back of positive global cues. But entire day it was trading in the tight range of 5140 to 5100 and finally ended at 5119, up 0.80 per cent. The Advance Decline ratio was almost flat. Nifty was facing some resistance near to the neckline of "Inverse Head & Shoulder" pattern. But we feel...

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