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Market Update - 17/9/2010

Tags: nifty

Nifty witnessed a high volatile session and in the end closed in the red zone.

Nifty could not sustain above 5900. Today we might see some consolidation in the market.

In the downside it may get the immediate short term support close to the level of 5750 to 5760. For Day traders we recommend buy on dips Nifty future with a stoploss of 5750 for the target of 6000.

Major trend is up and better to play long side, with STRICT STOPLOSSES

Stocks in Lime Light : HCL TECH, BPCL & IOC, GAIL



This post first appeared on Nifty Tips | Stock Tips | BTST | Nifty Genie - Tec, please read the originial post: here

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Market Update - 17/9/2010

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