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Sunday, August 22, 2010

Outlook of stock market for 23August 2010

The market which was expected to slide down on global clues is still standing firm and seems like our market doesnt bother or follow the global or european trends and with nifty closing at 5530 ie more than 5500 confirms that market can see one more rally from here on.The outlook for today looks very good with nifty expected to cros 5550 levels today.One may consider the option of intra day with market is expected to be in green.Good signals ahead for india as market is heading for once again short term bullish trend patern.

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