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Manish Hathiramani, proprietary index trader and technical analyst said the index could drop to 10950-11000 levels as the fall today has been fierce and on the back of good volumes.

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3 years ago

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Ruchit Jain of Angel Broking said a continuation of the downmove could lead to further sell-off and hence traders should stay light on positions and avoid overnight positions.

NEW DELHI: As Nifty ended lower for the third straight session on Monday, it formed a bearish candle on the daily chart.

Vinod Nair of Geojit Financial Services said with high valuations and worries that earnings may not justify such valuations anytime soon, markets may trade with uncertainty for the time being.

Manish Hathiramani, proprietary index trader and technical analyst said the index could drop to 10950-11000 levels as the fall today has been fierce and on the back of 

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Trending

Economy 3 years ago

Exports increase five percent in the first five months of current FY
Market 3 years ago

Declining cardamom price dejects farmers
Market 3 years ago

Country gains self-sufficiency in marigold: flower trade declining
Business 3 years ago

Nepse reaches 2,032 points, witnesses transaction of Rs 30 bln this week