November 22, 2007

Intraday Calls For 22/11/07

NIFTY:
Support: 5460 & Strong Support at 5400.
If these levels are not broken then a bounce back may be seen.

Resistence: 5655/5695
In previous days we have seen that market is not able to breach 6000 level twice. I have told before also that above 6011 only fresh rally is seen. So be cautious at every upmove untill it crosses all barriers.

Start Accumulating In Dips:
RIL, NTPC, NEYVELI, TTML, SBI.

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