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31 December, 2008

momentum to continue...

Yesterday nifty closed at 2979 taking intra day support from 2900.
A good signal for our expectation. 
Now markets have to move up at least by taking previous day lows as support.
I have no view for down side at least for two weeks.
A strong resistance will be at 3300.Down swing may be up to 3150.

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