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Nifty Market Trends and Analysis March 2011 by Gaurav Gupta is a document available to read on EtoBox.
What is Nifty Market Trends and Analysis March 2011 about?
The document provides a short-term technical analysis of the Nifty index from March 4, 2011. It notes that the Nifty opened higher but consolidated in a narrow range, and is expected to trade within this range. Immediate support is at 5460, with further support at 5400. Resistance is at 5630, which is the 200-day moving average. Banking, auto and IT sectors saw buying interest while capital goods and FMCG faced selling. The analysis provides short-term support and resistance levels and recommends being stoc
- Author
- Gaurav Gupta
- Language
- EN