Nifty today made a low of 5015 and rallied upward movement after positive
IIP data as compared to last month!!!
market will face the resistance at 5120 and breaking of that level will lead a
rally till 5160-5170!!!
The Cut in the rates is likely to be seen as there is very low growth in the IIP data.
Capital good where -16.3% and Manufacturing were also down.
Support will be seen at 5000-5020!!!
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