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D-Street Week Ahead: A technical pullback is due & imminent; avoid shorts

The trading range remained more or less similar to the week preceding week. Against the trading range of 790 points in the previous week, this week saw Nifty50 oscillating in a 668.80 -point range. As the bearish undertone refused to go away, the 50-pack index eventlly ending up with a net loss of 629.10 points or 3.83 per cent for the week.

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