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Wednesday, August 22, 2012

Money Mystery Market View@

As said yesterday that 5428 is the immediate resistance for Nifty and I feel it won't be that easy for Nifty to cross it and close above it. In this event there're chances of Nifty getting corrected, a technical one, where on the downside it finds strong support around 5360.
Market is ok & there's nothing to worry as of now as these type of correction are considered healthy. Only continuous closing above 5428 will make nifty further strong from where it could head towards a big rally.

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