Nifty-Spot will trade with flat to Negative note within the Range of 5475-5540 with Huge volatility. On Technical Front, Nifty is in bearish mood. As per our NNi-Nifty Next Indicators, which declined further with less volume suggests that nifty will trade with negative bias on 05 May 2011. Nifty has now strong support at 5404.
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