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Bears to have upper hand below 5400: Emkay Global

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  • Published On: June 07, 2011
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Rohit Srivastava of Sharekhan says 5,600 remained a crucial resistance for the Nifty. Sarvendra Srivastava of Emkay Global says until the monthly mean is not broken, the outlook remained bullish but a weekly close below 5,400 would take the markets all the way to 4,700 levels.
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