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Nifty Trend-15/03/2013

Markets opened with slight negative sentiments but soon took a strong pullback from its strong support and better-than-expected core inflation data. Nifty future reversed from crucial support of 5800 and lead towards level of 5950. Major resistance is seen at 6000 ahead and it needs to maintain above this to move towards higher levels. Weakness may be seen if it surpasses the level of 5880 below which next support is around 5840. TREND: SIDEWAYS SUPPORT : 5880 & 5840 RESISTANCE: 5980 & 6040 Major Market News: Sensex jumps 183 points, Nifty hovers around 5900. HUL surges as Jefferies upgrades stock. JSW Steel to raise $600 mn from overseas mkts in next qtr. Axis Bank to probe money laundering allegations. Gammon India to talk with lenders for debt restructuring. For more info click here Stock Tips Commodity Tips Mcx Tips


Nifty Trend  

Markets opened with slight negative sentiments but soon took a strong pullback from its strong support and better-than-expected core inflati...

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