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April 2 Market Analysis (NSE)

Nifty had a follow through day which is a good sign.  Also, we had a good positive movement in the market which makes me believe that this may be the start of a next leg up...

Overbought-oversold ratio has turned positive sharply in last two days........highest since last 1 month....

I believe this is a very positive market and time to get into long side of the market.... In order for this move to be strong, I would like to see closing above 5367......

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