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Get bullish only after Nifty crosses 200 DMA: Hitesh Eidnani

  • 18:16
  • Published On: May 10, 2012
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Hitesh Eidnani, MD, Algo Trading, says there are several factors pointing towards further downside for the Nifty, and once should get bullish only when the index crosses the 200-day moving average. He says a downside is more likely in the near term.

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