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Saturday, June 13, 2015

Correction in Indian equities near its end

Nifty is near its bottom. Long term investors may re-enter.

Exit alert was mentioned on 23rd March (, mentioning to exit on a rise. On 23rd, Nifty had closed at 8550 and after a decline again rose to near 8800 in a month offering enough time to exit.
Last close of Nifty was 7982.9, almost 600 points correction or nearly 7%.

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