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Wednesday, March 3, 2010

report as on 04/03/2010

For the day we will again focus on 5105 level as the break of the same may lift the market to 5150/70 levels. However,
while looking at global cues we feel that short term correction is not ruled out to the overextended rally and in that
case we may see the market to retest the levels of 5035/16830.
In case the market sustains below the same then we may even expect 5000/4990 (16870) that may act as a concrete
support for the market. Around these levels medium term traders can buy in advance with an upside target of again
5100 and 5150.