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Nifty May Extend Fall To 7,900: Ashish Chaturmohta

PUBLISHED ON: May 6, 2015 | Duration: 18 min, 10 sec

   
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Ashish Chaturmohta, head (derivative & technical desk), Fortune Equity Broking, told NDTV that the Nifty has closed below its 200-day moving average consecutively for two days which indicates further weakness. Unless the Nifty closes above 8,350 one should not take fresh long positions, he added.
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