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Nifty may rally up to 3393: Angel

April 13th, 2009

According to Angel Broking’s Market Outlook report, if Nifty trades above 3350 during the first half-an-hour of trade then it may witness a further rally up to 3393.

The trend deciding level for the day is 3350 / 10797. NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally up to 3393 / 10939. However, if NIFTY trades below 3350 / 10797 for the first half-an-hour of trade then it may correct up to 3299 – 3256 / 10663 – 10521.

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