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Mid Market Report, September 3, 2013

P R Sundar, Aditya Trading Solutions
September 3, 2013
Time: 1 pm

Mid Market Report:

  1. Indian market alone falling while all Asian markets are doing very well.
  2. Rupee depreciation is the main cause.
  3. Stop loss triggered for Nifty long position.
  4. Algorithm trade is taking over the market and hence market will be very volatile in the short term.
  5. Short term traders should keep strict stop losses.
  6. We have s to see the FII data today to see how the market will move in the next few days.

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