Market Watch: China goes for long break; US inches to record by Geojit Financial Services Ltd
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Though the positive vibes of the early part of the week has been fully lost, signs of a deep dive to 21300-20800 are still not there. And yet, downside momentum appears stronger and gain are likely to be capped underscoring the distribution that we highlighted yesterday. However a push above 21900 could shrug off the negativity.
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Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities
