Nifty Weekly Technical View

Coming week will be a a crucial week for markets, as IIP-data for Feb.2010 will be announced on Monday 12th Apr, consensus estimate is 15.75% as compared to 16.7% previously. Lower IIP for feburary could prove to be a dampner. Following day on Tuesday 13th Apr, IT major INFOSYS will kick-start earning season for Indaian corporates. On 14th Apr markets have holiday and this will be followed by Monthly Inflation data for March to be announced on 15th.
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