Monday, April 20, 2009

Nifty Update for April 21 - Inder Bhatia

The Indian market opened on a green note and saw profit-booking at higher levels. For the coming session Nifty has broken an “M” pattern on the intraday basis but closed above the trendline. If Nifty trades below 3313 it will test 3293-3240. On the other side 3440-3472 would act as a resistance zone.

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