Wednesday, December 10, 2008

Nifty Update for December 11 - Inder Bhatia


The Indian market opened gap-up and closed with higher gain. On the daily chart Nifty had given a breakout and closed above 2840 levels. For the coming session we could test 2975-3050 levels. On the lower side 2840 will act as a support zone. Nifty can witness profit-booking near 2975-2980 zone.

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