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Wednesday, May 19, 2010

NIFTY 19.05.2010

America and European Markets are ended with 1 to 1.5% losses. SGX NIFTY is trading in negative with 90 points down. Hence we have possibilities to open Gap down. A major support is on 4966. Below the level we may have a significant down.

TODAY NIFTY
Above 5121, 5134, 5146, 5158, 5178, 5194 are Resistance and
Below 5050,  5040, 5029, 5017, 5001, 4994, 4985, 4966 are Supports.

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