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Markets likely to retrace

Posted on: March 31st 2010 in Market Outlook.

Markets are likely to form a retracement trend. We might see some downside from current levels and then continue with the uptrend. Currently, markets look over-headted and some downside could be seen in the coming days. Nifty jumped from 4700 to 5300 levels in the last 30-40 trading ses…

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