Market Review for 24th March 2011
Nifty (5480) we said 'technically the market is still weak and is in sell mode and we may see a reaction but strong resistance of 5500' the market unfolded reactive as expected and closed in the green…technically we could see some more reaction but the crucial level to watch would be 5375' the market unfolded as expected and we seen a high very close to 5500 and has closed in the green…technically the market is still in a sideways zone and so I would not be surprised with some profit booking in this up move…
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