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Breaking 200 DMA, next support is at 4950, says Nirmal Jain-part-1

last updated on March 29, 2012 at 12:28 pm moneycontrol

The Nifty has already broken below the 200 DMA and market watchers are now hoping that it finds support at this key level. Any more lower and it could be worrisome, says Nirmal Jain, chairman of IIFL.

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