Thursday, October 18, 2007

Oct 18,2007
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NIFTY is sure to test yesterday's low in short to medium term. As of now, market looks like a 'Suspense Thriller'. Just watch it.

Expect nasty surprises. Fundflows from unregulated hedge funds would slowdown in the future due to SEBI's proposal. It is very good for our economy in longterm. It would prevent more inflows and stabilise forex markets.

Next support at 4986.55.

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