Quotes with Resistance & Support
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Index may bounce back after consolidation

Posted on: December 8th 2009 in Market News.

The Nifty fell below 5,080 and closed at 5,066 on lack of buying support. The Nifty December futures continued to trade at a premium and shed 233,300 shares in open interest, indicating that bear operators are using the current sideways movement to cover short positions. Bloomberg data s…

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