Thursday, November 13, 2008

Nifty Update for November 14 - Inder Bhatia

The Indian market opened on a weak note but saw a smart recovery in the second half as better than expected IIP data were announced. Market saw selling at the higher end and Nifty closed in the red zone. For the coming session if Nifty closes below 2750, it could test 2650-2600 on the upper side. Above 2976 it could test 3100 levels .

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