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Old 08-01-2010, 03:22 PM
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An-other range bound day

Nifty closed at-5244.80

Short term trend:-down

Stop for shorts :-5286 (spot)

possible upside swing :-5316-5352
possible downside swing :-5212-5176.

A close above 5286 will zoom the nifty upto 5350 or above.
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