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NIFTY

From : Sudhansu Padhi at 12:46 PM - Jul 10, 2010 ( )
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Hi All,
Where NIFTY is going?
Will it cross 5400 or it will sleep to 5100?
Market is over heat if due to any reson global market falls or any bad news from INDIA corporate sector market will fall like anything?
So What is our mudraa member view??????

Please share your views

Thanks in advance
Regards,
sudhansu


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From : Nitin Potade at 02:42 PM - Jul 10, 2010 ( )


Dear Sudhanshu,

I can share my view as per EOD chart of NIFTY. Yesterday(9th July 2010), Nifty closed at 5352.45 and if it could not close above 5352.45 on Monday (12th July 2010), then till will create DOUBLE TOP, because on 21st June 2010, Nifty closed at 5353.35, so we can expect downtrend in the Market.

If it closes above 5353 on Monday, very risky for Bulls.

Please check Chart for confirmation.





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From : Nitin Potade at 02:26 PM - Jul 10, 2010 ( )


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From : Nitin Potade at 01:57 PM - Jul 10, 2010 ( )


Dear Sudhansu, To know the views about Nifty from the market experts, please visit thread written by Slayer John, Vikas Kulkarni, Hemant Parikh, Parvinder Chawla, Vikramjeet, Akash Singh, Sundara Raman and Subbu. You have to take some pain for it. Thanks.





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From : Sudhansu Padhi at 01:03 PM - Jul 10, 2010 ( )


????????????????




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