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Nifty takes a pause…ends below 50 DMA

Posted on: November 10th 2009 in Market News.

Today Sensex closed down 58 points to end at 16,440, Nifty was down 17 points to and made a close at 4,881. Markets opened in the positive, tracking Asian indices, but soon lost gains and momentarily slipped in the red. Technically, the Nifty managed to stay above the medium term trendl…

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