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United Spirits attracted some buying toward the end of the session, and could start rallying again in the absence of a heavy market decline. It is a buy recommendation with a stop loss below 1,455. It would be best bought below 1,470.

European markets were mixed and little changed last night, while the US indices registered small gains. Asian markets are down fractionally this morning, and the global short-term trend is very flat just now. We may therefore be in for small, two-way moves today.

Deepak Mohoni's next one-day workshop for investors and traders is scheduled on Saturday, 20 March at Pune. The participation fee is Rs.7500. To get 20% discount call (020) 2665 6750 or 93710 74020 now to register!

Short-term trading has the advantage of providing potential profits each day, and not just during strong bull and bear market moves. In this workshop you will learn the most effective strategies for intra-day and short-term trading. This workshop helps you make more profits.

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