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19 November, 2008

Yesterday's trading shows that the fall continues and as per stochastics markets may fall for another one day or two. But later we may expect at least 200 points rally in nifty even for the sake of settlement. In reliance some buying is seen and that may precipitate in one day. Any how one may exit shorts and concentrate in calls. Down levels nifty 2630-2515. Resistance 2860-2950. Some cooking is going on in RBI for measures. Even in US any thing good news comes out regarding bail out package the rallies may be in the coming weeks. May be December first half may be in greenish arena?

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