Friday, September 24, 2010

Nifty might take a breather and correct up to 5875/5770 before starting the next upmove.

Stock View: Niit Ltd

After a huge breakout from trendline resistance and triangle formation, the stock has been consolidating between 70-74 odd levels. The stock can be accumulated on dips to 70 odd levels. Buy NIITLTD on dips to 70-71 with stoploss of 67 on closing basis and wait for targets 78/83 in short term.



Have a nice trading day

Regards

Ankit

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