NOV.22,06
NIFTY OUTLOOK - TECHNICAL ANALYSIS
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NIFTY would cross 3921.70(intraday) in short term.

Immediate support lies at 3899 and 3839.10.

NIFTY has to correct considerably in order to maintain healthy momentum. But such a correction is not in the offing(short term).

3790 in the lower side is possible(mediu term).

WARNING : TRADE WITH STRICT STOP LOSSES. NIFTY HAS SURGED 50% WITHOUT A SIGNIFICANT CORRECTION (2600 TO 3900).
3711.05 is likely in the medium term (6 month period).

Today's upper band lies at 3938.65. Today's lower band lies at 3657.15.

http://www.google.co.in/custom" target="google_window">

Support Levels:
3712.60
3671.86
3597.93
3477.46
3371.13
3325.21

Note: These views do not have any relevance to NIFTY futures.

Stocks to Watch(SHORT TO MEDIUM TERM)
SIMPLEX INFRASTRUCTURE
IVRCL INFRASTRUCTURE
MAHINDRA GESCO





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