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Chennai, Tamil nadu, India

Wednesday 25 June 2008

25-06-2008 Views

Hi, People who were sitting on side line are having a feeling that "oomph excaped" GOD's grace. Nifty showed some signs of technical bounce and due to the RBI action NIFTY couldnot sustain at higher level and came down tumbling. Nifty opened above 4260 and twice tried to cross above 4300. Failed and more shorts were increased and nifty closed at 4190. Nifty if sustains above4200 level some upperside can be seen upto 4300 level. If not it will see 4100 and 4000 levels. Some buying may emerge at 4000 level and below. Caution is required, better not traded today and tomorrow. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.

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