FOR THE DAY (17-03-2011)


FOR THE DAY:
The indices are expected to open on a negative note in response to the weak global cues. Trade short in Nifty below 5480 levels with stop loss placed at 5510 targeting 5450‐5430 levels. Alternatively, trade long if Nifty managed to hold above 5510 with stop loss placed at 5480 targeting 5530‐5550.

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