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Thursday, February 16, 2012

Mktviews Daily Nifty View 16/02/2012

 Expect Markets to open lower on account of Negative Global cues. 
Now, 5558-5568 is a critical resistance which ifcrossed may trigger further short-covering upto 5614/5639. If does not cross 5558-5568 zone, may fall upto 5501. Will be further weak upto 5459 if sustains below 5501. 
Key Supports : 5506 & 5476. Resistance : 5568 & 5596. Probable Trading Range : 5476-5596

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