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Friday Market was weak in the morning. Tested 4580 on Nifty and bounced up. Short term trend has turned up today. Auto stocks and capital goods stocks were outperforming the market. World markets were strong during Indian market hours. Now breaking the 6 week old range of 4400-4700 on up side is very important for the Medium term up [...]
Tags: breakout stocks, compressed stocks, intermidate trend, market breadth, Nifty, nifty resistance, nifty support, short term trend, technical analysis of nifty, trading range
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