Good Morning. NIFTY may open flat to negative. It may consolidate for the day and retrace upto 5995/5985. Depending on prevailing condition, that would be good chance to buy with small SL.. 6038 is the level to watch on the upper side. Above that level we may see 6070/6120 levels in NIFTY. Below 5980 we may see 5930/5905 levels.
NP-SAR of 15/01/2013: 5978
Wish you happy trading !!!
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