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Can't say if today's sell-off paves way for more downside

It was a horrible day for the markets, no getting away from that. The Nifty closed just above the 5300 level, down over 80 points. Does this count as a breakdown and paves the way for more downside or is the capitulation getting oversold in the near-term?

first published: Feb 8, 2011 09:36 pm

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