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Thursday, January 16, 2014

NIFTY



NIFTY has closed at 6329.85. today’s close is flat close, merely with 1.25 points loss. That does not suggest any trend or direction to move. Since it is above 6320, we have to keep our bias positive. Break and close below 6320 will indicate us to be aside. Below 6240 short can be taken with 25 points Stop Loss, as discussed and mentioned in earlier posts / research report.

Please refer the charts below :





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