NIFTY DAILY CHART :
MOVING AVERAGES: NIFTY AT 5391 ( DAY'S LOW) HAD TAKEN SUPPORT AT 50 DAY (SMA)
MULTIPLE TOPS: AT 5445 AND 5450 WE HAD SEEN NIFTY TOPPING OUT 3 TIMES ( FROM 19/08/10 TO 23/08/10) THUS IT WAS AN INDICATION THAT MARKETS WERE GETTING STRETCHED AROUND THESE LEVELS AND FALL WAS COMING
India’s events calendar over the next couple of months is dominated by the goods and services tax (GST), billed as the biggest tax reform since Independence.capitalstars
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