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CLOSING NOTE OF 18TH JAN 2012

Today Bank Nifty was down till 2.00pm and after that took support of JBNSAR 8950 and
made high of 9060 and closed @9023.

Bank Nifty is overbought and cooling off from last two days by ranging in 200 points
i.e from 8900 to 9100. Breakout or breakdown from this rang will decide the future direction

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