For the Nifty, Daryl Guppy, guppytraders.com says, strong support level is at 5,200. "We have moved above 5,200. We are looking now for a breakout move towards 5,700, but we are anticipating a pullback and a retest of 5,200 as a support level. So, 5,700 is our upside target, but we are looking for a retreat and a rebound behaviour," he asserts.
first published: Aug 29, 2012 12:24 pm
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