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Monday, August 23, 2010

Nifty will head towards 5500 level today for August 24,2010

Nifty saw a huge resistance on monday by still managing to close near its magic figure of 5550 but i think the resistance level would be broken today.Sell nifty from the current levels market is expected to began its first slide rally today and we can see nifty touching 5500 level and infact more down also during intraday.
So call is sell nifty from current levels.

cheers