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Tuesday, October 21, 2008
Nifty update 21October
High-3254.85
Low-3117.35
Last-3234.90
Prev. Close-3122.80
As we told on sunday, market having an upside. Nifty reverting back from our resistance level of 3260,but able to close abv 3200 level. This upside is only coz of short covering,and as told earlier one should not get trapped in this high,these rises must be talen as an opportunity to exit long positions,as market will see downside again in coming time. So time to time profit booking is must in this market.
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