Wednesday, November 5, 2008

Nifty Update for November 6 - Inder Bhatia

The Indian market opened on a gap-up note but was not able to sustain at higher levels and saw profit-booking, and closed in the deep red zone. For the coming session we could see more downside toward 2897-2788. On the upper side 3140 would act as a strong resistance zone.

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