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BN's short term strength/ weakness will be confirmed above 9750/below 9450.
Lead indicator is at "OB" zone but not yet turned down. The first sign of weakness would be a close below 9580(DHEma) & 9564(Day Pivot), followed by a close below 5DEma. Bulls' hopes of continuation of this bounce will stay on as long as BN holds 9400.
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Monday, September 5, 2011
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