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Old 07-01-2010, 03:39 PM
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Nifty closed at-5263.10

Short term trend:-Up (but not cleared)

Stop for Longs :-5235 (spot)

possible upside swing :-5310, if break 5355-5380
possible downside swing :-5190-5168.

A close below 5235 can throw the nifty upto 5100 levels or even lower.

below 5235 , I will like to go short or buying put with stop of 5315 spot.
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