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Saturday, April 18, 2009

NIFTY

Oversold Nifty rallied by 80+ points in the morning and selling emerged at higher levels. This market is tired and asking for some rest..
2 day swing reversal will be below 3354. Major support level at 3307-3312 which might offer a bounce incase of flat world mkts. Break of 3307 will lead to more heavy unwinding.
Posted by appleadvisory at 4/18/2009 05:15:00 AM

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