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Thursday, August 7, 2008

UNCERTAINTY?

Markets reversed from our given level yesterday. It even closed below the crucial hurdle at 4560. Now we are not in a mood of initiating trades immediately. However, we suggest buying on a close above 4625 only. But we would also buy 25% at 4400, 25% at 4200 and another 25% at 4100 levels. 4080 would be the final stop loss as per our weekly outlook.
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