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Friday, February 21, 2014

NIFTY



            As mentioned earlier, NIFTY did not break the support zone of 6090 / 6110 levels. So now we can expect the uptrend continuation. Today NIFTY closed at 6163.95. The next target zone is
at 6200 – 6220. Clearing this zone might lead NIFTY to higher levels like 6250 / 6270. For any downward movement it has to close or trade and sustain below the zone or 6090. The next target then is expected around 6020 / 6030.



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