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5650-5700 on cards, Nifty may then correct: Anil Manghnani

In an interview on CNBC-TV18, Anil Manghnani of Modern Shares & Stock Brokers tells investors that the reversal at 5,700 that the Nifty has witnessed should see a retest. "I believe that at least another test of that 5,650-5,700 is on the cards and then maybe a correction," says Manghnani.

July 13, 2011 / 12:48 IST

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In an interview on CNBC-TV18, Anil Manghnani of Modern Shares & Stock Brokers tells investors that the reversal at 5,700 that the Nifty has witnessed should see a retest.

TAGS: #Anil Manghnani #European crisis #FII #Godrej Industries #Hindustan Unilever #Infosys #ITC #MARKET OUTLOOK #markets #Mitali Mukherjee #Modern Shares & Stock Brokers #MRPL #Nifty #Reliance #Sensex #Shree Renuka Sugar #TCS #Udayan Mukherjee

first published: Jul 13, 2011 10:47 am

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