PreMarket Bonanza 6th Aug

DSIJ Intelligence / 06 Aug 2010

After rallying for consecutive 3 trading days, Nifty showed profit booking from resistance near 5500 levels with higher volumes. However, Nifty’s short-term trend is still up and higher prices may be seen as long as Nifty trades above 5425 levels. If Nifty declines below 5425 levels then selling pressure till 5350 levels may be seen....

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