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11 June '12 NIFTY:Crossover of 200 dma @ 5065 is generating first target @ 5125 and then 5176. Support stand @ 5002>4990. Rise will continue.
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?
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