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Markets oversold; chances of rebound high: Nirmal Bang

Posted on: July 10th 2009 in Market Outlook.

MUMBAI: Nirmal Bang is of the opinion that the market are little bit oversold and chances of a rebound is very high. Selling at lower levels around the support region should be avoided, it says. “The trend is weak as huge selling pressure is witnessed in Nifty around the 4110-4150 reg…

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