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Get bullish only after Nifty crosses 200 DMA: Hitesh Eidnani

PUBLISHED ON: May 10, 2012 | Duration: 18 min, 16 sec

   
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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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