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Saturday, February 19, 2011

Market in new range of 5350-5650 before Expiry

Market would be in new range of 5350-5650 before expiry.Local news is greates factor for market now. Corruption linked to corporate is negative news and budget is big news. So good fight between between bear and bulls.

So volatility would be high next week,which is of expiry week.

So trade safe in such a volatile market. 5450 and 5500 would be big support. so Above this just trade positive. Below 5450 can touch 5350.before expiry or budget there is no chance of touching 5200 very soon.
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