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Saturday, August 6, 2011

Nifty Outlook

Global cues drag Nifty down. Technically seems it is a reversal point as green hammer candle formed at support, in fact day closed above support & notice from the morning itself buyers in nifty are more than seller. Also, gap down should get filled. 

Only further bearish I see, if it break Friday low of 5114.

Leaving you with great ghazal from gulam ali khan


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