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Uptrend near exhaustion; build positions in bank stocks

The market has again entered a trading area or zone where it is too volatile to take any kind of directional call. The floor or the support price for this zone seems to be at 5900. Market experts see this as a sign of the market uptrend getting exhausted. The Sensex on Wednesday closed at 19,948.73 and the Nifty at 5973.30.

first published: Jul 17, 2013 06:33 pm

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