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INDIAN MARKET AVAILABLE AT 2009 LEVELS IN DOLLAR TERMS (UPDATE) (NOV 07,15)



After positive reversal from the recent low of 3050 we saw fresh high of 3490.20 in DOLLEX 30.  At current juncture we see DOLLEX 30 has tested previous multiple tops support and currently trading at 3278.90 levels.

On daily chart structure Index is forming a triangle pattern in range of 3650-3000 and this range getting narrowed between 3500-3250. Going forward we are expecting to Index will hold 3000 mark support  level and any strong positive candle near these support  level will be first early indication of reversal  to  new upside targets of 3650 /3850 /4200 in Index .  






S&P DOLLEX-30 MONTHLY CHART



Disclaimer: All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only. 

























Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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