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Thursday, July 9, 2009

Indian markets are in a downtrend, expect 100-150 points further correction in the Nifty.

The Nifty broke the most crucial support of 4,100 and closed at 4,078, indicating that fresh decline is possible in the next couple of sessions. Below 4050 levels, Nifty can even touch 3700 levels......Link
-JK, Senior Technical Analyst, SLT
Posted by HBJ Capital at 1:13 AM

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