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Viewing report
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Alpha India ME – Top Short Ideas
Orpheus Capitals, May 2011, Pages: 8
Top Short Ideas
Today we want to concentrate on top short ideas because of a few reasons. Nifty is testing key trendline supports of multi months at 5,400-5,450 levels. The bounce back was weaker than expected. Though we can’t still rule out a few weeks more of choppy and positive action, we would rather be cautious at key supports than otherwise. The old saying that more we test key supports, more we are likely to break through them could just be valid in the case of Nifty.
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