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Sunday, October 7, 2007

Market on Monday ( 07-10-07 )

We may see 18,000 levels but substantially higher than that seems difficult. We could touch 18,000-18,200 levels but after that the fall could be steep in case there is an announcement of mid-term polls. One will see a steep fall and at that fall it will be quite difficult for people to exit.

Mid term Poll fear make market ready for some steep fall.So ready for some more correction.
Dont buy anything at this level.

Wait for some time after a correction you can again buy and ready for again one more big movement in indian market as before.

Tommorow you see some downfall in indian market , dont trap in any upward movement.
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Indian Stock Market : A technical View by Niftysuretips.com