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Wednesday, February 27, 2013

Nifty@ Not to worry, near to current bottom!!! Big Bounce Seen

On 8th Feb 2013 we categorically said that below 5850 Nifty could fall 90-100 points and it did where on the downside we gave support level at 5766/5750. Now what???? Strong support levels are bounce back levels. Nifty already corrected 6% from its recent top of 6111. To be precise the rally got started above 5600/5608 level and if by any chance if Nifty comes to near that level its a clear cut buy without any fear and little bit of shopping can even be started now in good blue chip companies. 

 Its an personal assumption.

 Regards,

 Manish Bothra,
Kolkata.
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