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Wednesday 10 October 2007

Nifty for 10th October 2007 and beyond

Nifty did wonders on the 9th when it shot up a very good percentage lead especially by the Reliance companies. The hourly chat shows a cup formation breaking out and the target can be near 5465. Momentum can do wonders and do not expect things to stop. The target can come in a couple of days time. The yesterday close was already up to 5327.25 and if you see the cup formation target in the first few hours today, do not blame the system. All the best to all who are long and in deep profits.

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