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Nifty may test 2670: Angel Broking

Posted on: March 4th, 2009 and is filed under Brokerage Recommendations.

According to Angel Broking’s Market Outlook report, the trend deciding level for the day is 2641. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 2670.

Angel Broking Market Outlook report:

The trend deciding level for the day is 8,484 / 2,641. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 8,578 / 2,670. However, if Nifty trades below 8,484 / 2,641 for the first half-an-hour of trade then it may correct up to 8,333 – 8,239 / 2,593 – 2,564.

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