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13 May, 2009

For a big rally?

12-5-2009 trading shows that markets took support at 10 day ema line and bounced well. Nifty closed at 3681 +127 points. It was happening from the 2530 nifty onwards. Means, if nifty breaks this support line markets will correct heavily.

FII, F&O, Global cues all are positive and nifty is heading for 3880 level that to in this week it self. Go long in intra day corrections.

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