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SENSEX technical

Saturday, October 17, 2009 | Labels: , | |

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If we make close look at graph of SENSEX of last four months we can see that SENSEX make new high with passing session. This is due to the fresh buying.

With passing session burden of selling start to increase both on sensex and nifty. We can see the breadth of SENSEX starts to goes narrow.

This is indicate that in future it will face pressure of selling. so it will be better to be CAUTIOUS in upcoming days.

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