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Nifty may slip to 4700 if 5000 breaks: IIFL Private

Ashish Chaturmuhta, VP of Derivates and Technicals at IIFL Private Wealth Management, believes that the Nifty can drag down towards 4,700-4,800 levels, once it breaks below 5,000 levels, which has a lot of put writing.

first published: Aug 9, 2011 03:19 pm

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