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Infotech
Sluggish global demand for IT services
Technology
Tough demand environment continues for IT services
Markets
More consolidation likely
Nifty Pharma index at 52-wk high
Charts indicate indecisiveness in mkt
Wait for a breakdown at 19,560 level for shorting
Charts indicate over-extension of rally
Charts indicate exhaustion in rally
Nifty hovering in directionless mode
Charts indicate declining bullish momentum
Avoid aggressive long positions
Equity settles in red, Nifty IT top losers; sugar stocks gain
