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25 February, 2009

stimulus 3.0

Yesterday's trading shows that the bottom for short term might be over. As the stimulus package, RBI action on rate cut are expected to effect market along with settlement short covering we may expect market may show some more green for two days. If any big size rally to be seen before final fall of bear market we have to see the rise at least in the next month. The signals may come in the first week of march. Else, the continuation fall.
But now one may go long in future taking stop loss in nifty as 2705 target 2818.

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