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Tuesday 24 June 2008

Where is nifty now ?

Nifty has done two thirds of the target that we had mentioned out during our last post of http://trade-indian-stock-market.blogspot.com/2008/05/nifty_22.html. Are we going to fall still further immediately? We have an expiry in 3 trading days. The chart below shows that 0.382 retracement too has been completed on the bull run which is a nice level where a bounce is definitely anticipated.

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