Find support at 5530-5550 if 5600 breaks: Anil Manghnani

Anil Manghnani of Modern Shares & Stock Brokers believes that as long as Nifty continues to hold 5,600, there is still a possibility that the market can rally back to 5,830-5,900 levels before the next round of selling resumes.

January 21, 2011 / 17:40 IST
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The markets have been a tad too tizzy since the beginning of this year, which has left market veterans wondering about the future course for the indices. However, Anil Manghnani of Modern Shares & Stock Brokers believes that as long as Nifty continues to hold 5,600, there is still a possibility that the market can rally back to 5,830-5,900 levels before the next round of selling resumes.

In an exclusive interview with CNBC-TV18
first published: Jan 21, 2011 10:11 am

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