NIFTY CALL FOR DECEMBER 13, 2010 - The Nifty has to stay above 5800 for 7-14 trading days to indicate a meaningful direction. If it drifts below 5800, then the range remains at 5400-5800. It is possible that prices are maintained till the end of December. But the market is weak and any enhanced selling or large lots will not be absorbed by the market
Bottomline, the odds of a downside way outstrip the odds of an upside
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