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16 December, 2008

a small dip??

Now, stochastic, rsi, mfi are showing over bought signal and so our markets may take a small dip at this level. But as there is no major change in open interest, and some package news to follow from our govt, we may stick on to the view of bullish closing for this settlement. Hence, one may wait or take calls at lower levels if so markets may close above 3000 nifty for this month. 

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