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IS THIS A FALSE UP MOVE ON CNX NIFTY ????


Is this a false up move on nifty???
Yes for the short term...as most of the stocks in CNX Smallcap CNX Midcap Index basket were in a correction mode...except Pharma Technology & Oil & Gas big guys...be selective...infact there can be a substantial correction even pricewise as we lot of distribution happening and the big take off after every upward breakouts isnt happening...we see lot of distribution {28.08.14}

{28.08.2014}




























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