NIFTY OUTLOOK

>> Tuesday, June 29, 2010

Nifty UPPER LIMIT MAYBE 5295
LOWER LIMIT MAYBE 5212

Break of 5200 can show sharp slide till 5173

On lower levels it will find strong support at 5151.

Considering weakness in US markets
SGX NIFTY ALSO CLOSED @ 5230
we may also have weak opening,
But considering that its the last day of the month we may have a smart pull back as well.

Buying should be considered at lower levels of 5173 with stop loss of 5150.

MAGIC POINTS ARE 5308 and 5225

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