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Quick Market Overview For THU 15th July 2010 :Quick Market Overview For THU 15th July 2010 By CA Rajiv D Khatlawala MD, ValueTrade Academy Pvt Ltd. www.investogyan.com
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Key highlights of today’s Trades :Key highlights of today’s Trades The markets consolidates just below the 5400 resistance level OIL PSUs and Sugar counters down on profit booking. Even Telecom sector stocks witness selling pressure. The overall advance to decline ratio is weaker Average volumes in market today
NIFTY The Technical picture :NIFTY The Technical picture
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In Conclusion :In Conclusion The markets shows some nervousness at 5400 levels Sectorwise expect some movement in select metal stocks, including the large caps In the currency space, expect some movement in the EUROJPY currency pair. Technical charts look positive
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