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Nifty- This is not the zone of buying- just reduce the positions in futures as well as in deliveries, we told on Wednesday- Nifty was looking for a trigger to correct & yesterday negative news about Greece financial crises gave Nifty the reason correct, we have flat to positive markets in us yesterday we have some mix clues from Asia today, expect flat to positive opening, but once Nifty breaches the 5291 level we may drift towards 5231/5181 level, so be cautious & have an eye on 5291 level on Nifty.
Nifty Supp 5291/5251 Resi 5331/5371.