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Wednesday, December 21, 2011

Nifty and Bank Nifty 90 min charts update for 16th Dec 2011 Trading


Nifty and Bank Nifty is in sell mode since 8th Dec with resistance coming near to 4812 and 8656 respectively and still 4700PE holds the higher open interest
with EOD supports coming around 4700. Closing below 4700 on EOD basis indicates further bearishness.

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