Wednesday, June 18, 2008

Nifty Future - Dangerous Island Reversal on Cards - AP

Bulls have to try with all their might to ensure that Nifty future does not open gapdown below 4534, else we have a dangerous island reversal on the cards. Yesterday, Dow Jones opened with a bang, and closed with a whimper. Our markets did the same today, ignoring China and Hong Kong. This fall today brings the markets back to the edge of the cliff.

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