Wednesday, December 22, 2010

Nifty futures intra day chart showing volatility

prediction was

 Flat  to positive opening is expected with mixed bias which will invite volatility ...Financial, reality and energy  stocks may perform better today ...50DMA is at 6024 for  spot Nifty chart,  may resist up move for a while, IT sector is showing weakness as investors are feeling that it is over priced here so stay away from IT sector.
Profit taking at higher levels can not be ruled out ...

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