Sunday, May 10, 2009
MARKET UPDATE 11.05.09
Nifty closed at 3621 again below 3626. Keep SL of 3662 on all your shorts. If Nifty trades above 3662 it can head towards monthly target of 3858. Till then we assume that Nifty is heading down towards weekly target of 3331 and monthly target of 2625. On the downside Major supports at 3451, 3433 and 3128.
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