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Thursday, May 22, 2014

22-5-2014 - NIFTY



            NIFTY has given again a flat close today also, at 7293.70. Since past four days, NIFTY is trading in a very narrow range. ( Please see the chart below for better reference. ) This range will be broken soon. The levels are same as we have mentioned yesterday. Break of
7200 will be treated as selling signal and break of 7300 will be treated as buying signal. In any trade, 40 / 50 points Stop Loss is mandatory to keep. So trade accordingly.



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