2010/03/02

Opening Bell


Nifty opened with a gap up,US markets went up in yesterdays trade as traders and investors welcomed an uptick in consumer spending,strong manufacturing growth and many mergers and acquisition news.Asian markets are trading mixed.Nifty presently is trading at 4987 up by 65 points.If it starts trading above 4996 one can buy nifty future with stop loss at 4965.On the other side if it starts trading below 4970 then one can short nifty with stop loss at 4999 on spot.

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