FOR THE DAY (17-11-2009)


FOR THE DAY:

The indices are expected to open on a positive note tracking strong US markets.

Trade long in Nifty above 5050 levels else from lower supports of 5020 levels with stop loss placed at 5000 targeting 5100-5120 levels.

Investors are advised to remain cautious around these highs due to the risk of brisk profit taking.

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