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Close long positions and sit out today: Sukhani

last updated on May 31, 2012 at 10:02 am moneycontrol

Technical analyst Sudarshan Sukhani of s2analytics.com advices traders to close long positions today since the market is likely to open with a gap down. He expects the market to slide lower and be in a trading range. The F&O May series would expire today and according to him, one should wait for the series to expire.

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