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BULLS ABSTAIN THEMSELVES FROM LONG POSITION CREATION; NIFTY CHARTS WITNESSES BEARISH BELT HOLD POSITION

Today nifty opened at a negative note at 7965 rose to 7893 high and closed at the level of 7908 points. The nifty charts witnessed a bearish candlestick where bears are playing a dominant role. The bulls get cold feet with the current bullish trend.

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