Tuesday, April 28, 2009
Nifty short term Technical Analysis
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Nifty made double top on 27 th of this month with low volumes, today it broke the support trend line as well as 200DMA (3393). If Nifty further breaks down 3290 convincingly, which is the next critical support level, then we could see Nifty heading for a target of 3100 to 3115.
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