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Thursday, June 11, 2009

For 11 June 2009

Looking at Trin indicator negative diversion has taken place....as y'day said Trin is @ support level(0.75 approx.)..though nifty made new high Trin has not broken support....and reacted there upward..at the same time nifty is resisted at upper line of mini channel..
I think up side is limited and todday we will see red (may be little) or flat...
CONCLUSION- One can go short @ /around 4670/4690 with sl 4710 for lower tgts...sl is on closing basis.....tgts .. I think 4635/4615.......

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