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Today (04-Oct-2016) NIFTY has seen with a doji and this was very close to the strong resistance zone of near days 8800, suggesting a possible reason for selling pressure. Today’s market was influenced by RBI announcement on rate cut and positive global market. Today top performers are ONGC with delivery counter followed by GAIL & VEDL with good volume, NMDC and CAIRN with below average volume. Today’s top under-performers are COALINDIA, M&M, ZEEL with high volume followed by LT & AMBUJACEM with low volume.

• NIFTYD04102016