Quotes with Resistance & Support

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Nifty moving in a tight range of 5450-5600. Could break on either of the sides

Posted on: May 14th 2011 in Market News.

As seen in the image below nifty has been trading in a range of 5450-5600 for quite some time. 5600 levels with was previously a good support level, is now acting as strong resistance and nifty has seen selling pressure from this level in last 3 tries. If nifty does manage to close above …

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