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Wednesday, 9 April 2014

Stocks in focus in Wednesday morning trade


Indian markets are expected to trade higher on Wednesday Sensex following positive trend seen in other Asian markets.

The Nifty gave a flat close in today's trading session, thus forming a Doji candlestick pattern. This means that the market participants are indecisive at the current juncture and good facility providance.

The Nifty and sensex has taken a support at the lower end of the rising channel formed on its daily chart which indicates that there is a possibility of a bounce back from these levels. 



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