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Nifty Can Bounce Towards 8672-8765 Without Breaking Below 8519 on Budget Day

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Nifty opened flat today at 8629 but declined sharply just after opening and traded with negative bias for rest of the day. Nifty declined almost 80 points before closing 71 points down at 8561 after registering the low of 8552. In yesterday’s report, expected decline towards 8595-8549 to complete the correction. Overall scenario was “Buying […]

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