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Sensex breaks out of consolidation, time correction in benchmarks ongoing; Bank Nifty to reverse downtrendSensex breaks out of consolidation, time correction in benchmarks ongoing; Bank Nifty to reverse downtrend

By Anand James Sensex broke above an excruciatingly tight trading range that had prevailed since the fourth of July, succeeding in yet another record closing last Friday. Standard deviation studies set an upper range of 66,685, which is understandably modest given the fact that the recent range has been tight. However, the ratio of 50 […]