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08 June 2012 : NIFTY : Just near 200 days moving average which is @ 5065. We need a decisive crossover to bet for further rise. Intraday support @ 5002 and 4980.
China on surprise rate cut
07 June 2012 : NIFTY : Crossover of 5000 will generate target first @ 5040. If rise sustains then expect 5065 < 5082 too. We caught the falling knife on long trade @ 4770. Why cannot we think to do impossible?
06 June 2012 : NIFTY : As long as it hold 4830, we can expect newer attempt for 4900. Cross over will give us 4925 and then 4960 too. Trade long again.
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