Nifty in the last week closed at 4352.5, with a H/L of 4522.10/4281.35. Nifty closed marginally down by around 8 points as compared to the close of the previous week. There were no bad news in the markets, technically indices were looking very strong. Indian markets fell down on the back of the slide in the global markets. Inflation for the week was down at 12.34% as compared to the week before. We have always seen that the Nifty gets very godo support at 4350 and bounces back, this time also we will ssee the same reaction.
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