Wednesday, October 5, 2011

INDIAN Market over view 5th Oct 2011

Nifty CMP is 4790 resistance @# 4840 can move and test 4755 - 4720 - 4680 level in near term.

USDINR CMP is 49.4 MCX-SX expected to test 49.8 level : RBI intervention is seen at 49.9 - 50 level .. expect to test 52 shortly till the time 48.2 holds on closing basis.

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