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Market will retest 4720 levels for bottom: Anil Manghnani

The bears gate-crashed the market today and sent the Nifty into a tizzy, ending down 209 points at 4923. Anil Manghnani of Modern Shares and Stock Brokers joins CNBC-TV18 to give his outlook of the day’s trades. According to him, 4890 becomes a key level now. “Nonetheless, we are setting up for a fall back to 4720,” he says.

September 23, 2011 / 09:45 IST
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The bears gate-crashed the market today and sent the Nifty into a tizzy, ending down 209 points at 4923. Anil Manghnani of Modern Shares and Stock Brokers joins CNBC-TV18 to give his outlook of the day

TAGS: #200 point cut #bears #dollar index #FII activity #index future #market bottom #market lows #MARKET OUTLOOK #Nifty #S&P #technical resistance
first published: Sep 22, 2011 10:10 pm

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