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Friday, 17 October 2014

Markets trend following the election results checked nifty midcap50

well markets are in a Topsy-turvy phase rite now.

Supports : 7735 / 7684 / 7620
Resis : 7792 / 7885

Closing above 7885 and sustaining it, will only give some up-direction for the market...


Check out nifty midcap 50, outperforming NIfty... It did not cross the resis level of 3186 though (Post of 9/10/2014)... check out the support levels now for  (refer 7th oct post for it)

Well charts are showing unanimously majority of the market participants are expecting correction or are unsure of its direction....

Lets keep fingers crossed for this diwali month good closing...( which I am not so sure ...)


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