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NIFTY: 21 May 2012: Intraday update – Still facing resistance @ 4930. Only a decisive cross can give you intraday opportunity to trade long. Else it is a dull market.
NIFTY: 21 May 2012: Already quoted for support @ 4790 and advised you not to short. Expect pause for 1-2 days more before fall. Nifty resistance @ 4930 < 4950. Support @ 4850-4837
USD/INR: A short term study. Wake up call for Government of India. Cross of 55 will prepare for get-set-go for 57
SBIN - Is it saving the fall or not? We may expect more rise on SBIN and fall arrest @ 4790 (Updated you in the morning)
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