SGX Nifty is Trading at 5414.40.50 with a gain of 18.50 points in early trades on 27 May 2011. Major Momentum Indicators are looking overbought on Charts.It is now forming a Trading Band of 5370-5420. If SGX Nifty trades above 5420, then we may see it to higher levels of 5455/5470 on Intraday Basis.
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