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Pre-market: Upside looks limited

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Our Web Bureau Mumbai
The Sensex is likely to open on a positive note for yet another day. However, the upmove look limited for the day. The index is likely to face stiff resistance around the 11,740-11,780 levels.

For today's trading, the Sensex is likely to face resistance around 11,740-11,750-11,760 levels. On the downside, the index may take support around 11,670-11,660-11,650 levels.

According to market analyst Shah, the Sensex is likely to target 12,200 on the upside, the index may however face some resistance around 11,800 levels. The index has a near support around 11,650.

For today's trading, ITC, Wipro, G E Shipping look good, while metal stocks could witness profit taking.

 

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First Published: Aug 30 2006 | 9:00 AM IST

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