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Money
Re gains 3ps to 83.43/$
Markets
Re falls 14ps to close at 83.23/1$
Charts indicate declining bullish momentum
18,442-547 zone key for Nifty to scale a new high
MACD still below signal line
Nifty holds bearish strength with increasing gap between 50&200DMA
More shortcovering amid weekly F&O expiry
Nifty forms Dragonfly Doji
Hold long positions with stop loss at 18,128
Nifty likely to face resistance at 18134-210 zone
Nifty may trade in the 17452-18342 zone
Strong breakout reiterates technical strength
