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Nifty may breakout on upside, can rally to 5600: Atul Suri

There is an European Central Bank meeting on October 26. There is an expectation of a package to rescue toxic debt in Europe. Trader Atul Suri says, the markets are expecting favourable solution. "If this comes in favour then I think we will breakout of the 5,170-5,200 range and give a 10% upmove." He has a slight bias to an upside breakout.

first published: Oct 22, 2011 12:53 pm