Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Friday, November 22, 2013

Rising Wedges and Classic Retest



Nifty Daily Chart



 Bank Nifty Daily Chart




 Rising wedges like the ones spotted on the Nifty and Bank Nifty commonly occur at tops and are reliable bearish reversal patterns.The bearishness is confirmed further when there is a classic retest of the support line of the wedge.

Thus identifying one early on gives the trader the much required edge to beat the market. Like we did at Vipreet's.

To get the edge and be on the right side of the market subscirbe to the Daily Analysis of Nifty and Bank Nifty.
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Lakshmi Ramachandran
www.vipreetsafetrading.com

Monday, November 11, 2013

Nifty Bulls Backtrack



Weekly Chart



Nifty has broken below the  uptrendline for the recent rally, shown in green, and the previous high of 6229.Break and close below the low of 6079 will be final confirmation that a downtrend may have started.5701- 5513 will be supports.



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Lakshmi Ramachandran 
www.vipreetsafetrading.com

Tuesday, November 5, 2013

Nifty On The Verge Of A New High ?



Weekly Bank Nifty Chart 




 Bank Nifty managed a higher low higher high opening the possibility of  the upmove continuing.This should help the Nifty make new highs which is on the verge of doing so already.

Nifty Weekly Chart 



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Lakshmi Ramachandran
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Monday, October 14, 2013

Larsen & Toubro



 Cup & Handle Pattern




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Lakshmi Ramachandran
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Tuesday, October 8, 2013

Whither Nifty ?


Nifty Daily Chart




 I  found a potential Inverted head and shoulder pattern which could have bullish implications. But the right shoulder has formed into a Diamond pattern which if broken down could be a bearish reversal pattern ! Watch the patterns to position yourself !


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Lakshmi Ramachandran
www.vipreetsafetrading.com

Monday, September 2, 2013

Reigning The Nifty - 5511 Key



Monthly Chart 




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Lakshmi Ramachandran
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Sunday, August 18, 2013

Sharing What I read



Key highlights of the interview with hedge fund manager and Rogers Holdings chairman Jim Rogers :


Governments and central banks have reacted to the crisis in what they view is the correct manner, but, in my view, it is an artificial manner, and they are only making the crisis worse. The reason it is stretching out as a problem is that they never let the problem cure itself.
Problems always come no matter what governments say and we have always had slowdowns in America after every six or seven years even in good times. Be very worried because the next time around, things are going to be much worse, especially in countries where the debt is much higher.
India should have had the greatest tourist companies in the world. If you can only visit one country in your life, my goodness, it should be India—it is an astonishingly spectacular place to visit. There is no place that has the depth of culture that India has.
The government goes from one mistake to another—no matter what the controls are, no matter how much the debt keeps rising, Indian politicians are only looking for scapegoats. Look at the latest thing with gold—Indian politicians want to blame the problems of their economy on someone else, and now it is gold.
India should have been among the world’s greatest agriculture nations—you have the soil, the people, the weather, but it is astonishing that you have not become one—it is because Indian politicians, in their wisdom, have made it illegal for farmers to own more than five hectares of land.
In 1947, India was one of the most successful countries in the world relative to others. Even as recently as 1980, India was more successful than China, but then you know how that story turned. It was more successful than South Korea, more successful than most places in Asia—but, for me, it is unfortunate that you have failed to take advantage of some of your most valuable assets.
India has some of the smartest people in the world, but it does not have an education system to support it.
There are not many successful Indian companies, outside those that are associated with the government. Look around in Singapore and you don’t see many Indian products, except for some restaurants. There are very few Indian brands that you would recognize outside India. In India, many of its companies are successful because of their links with the government. Apart from a couple of software companies, I literally cannot think of Indian firms who have made it big in the international scene.
There are millions of entrepreneurial, driven and smart Indians, but most of them want to be abroad because they know that unless they are involved with the right people in India, they are not going to be successful.
All growth rate figures are unreliable. It is stupefying to me that India could claim to have a clue to what is going on even in India, much less in China or in the US. If you go back over the last few years, you will see the Indian economy, as per the numbers its government has put out—some of the numbers its government has projected—are comparable with those of China. Then you go see both countries and you’ll realize something is wrong. If India’s growth over the last couple of years was comparable to that of China, where are the schools, the highways, the infrastructure, the housing, where has it all gone?
If India curbs its gold imports, will its economy be back on track? There is no question that if you have money, it is better to invest it than put it into a stagnant asset—according to this argument, women should not buy dresses or shoes, or we should not be buying houses…the one billion Indians are smarter than the market and also the government. If they see that they are better off putting their money in gold, that is what they will do—the solution is not a ban on gold (import), but to make the economy exciting enough to make people want to put their money into other things
Compared to many of the countries globally, India was on top in 1947, but relatively India has only declined since then. Remember that you move from dictatorship to oligarchy to democracy to chaos—may be they will throw out these absurd oligarchs who rule India and then it may have a vibrant democracy and regain its proper place, its historic place in the globe.


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Lakshmi Ramachandran
www.vipreetsafetrading.com

Sunday, August 11, 2013

Nifty Reverses with the Outside Day Pattern



Weekly Chart 




The Outside Day pattern identified two weeks back reversed the uptrend as per it's character.Two week's of unabated fall retracing the upmove from 5566 in shorter time ! This shows selling pressure and the Nifty may experience some more damage.Buying strength close to 5477 low may lead to a pullback which should find resistance at the 40 & 20 Ema and the downtrendline from 6229.


For detailed analysis subscribe to the Daily Analysis.


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Lakshmi Ramachandran
www.vipreetsafetrading.com

Sunday, July 28, 2013

Outside - Inside Patterns



Weekly Chart



 The Outside day  is when the present candle completely encompasses the previous  candle. It must have a higher high  and a lower low than the previous day.Inside day  is when the present candle is completely encompassed by the previous  candle. It must have a lower high  and a higher low than the previous day.

Outside and Inside Day Patterns are reversal patterns which have worked well on  Nifty's weekly chart.The tiny blue horizontal lines indicate Outside days and the red one is an Inside Day.Observe how the previous trend has reversed each time.

The week gone by has once again formed an Outside day pattern.Break below the low of the pattern which is 5869 will therefore spell trouble for the bulls.


Subscriptions to our Family Silver is still open.


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Lakshmi Ramachandran
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Tuesday, July 16, 2013

Nifty in Pain But Vipreet's "Family Silver" Gains !!


Today the Nifty lost  1.25%  while our "Family Silver" stocks gained 2.5%.  If you want to be a part of collecting  Family Silver for your family, write to vipreetsafetrading@gmail.com for details.

Read my earlier post  When Pain can be your Gain

 here http://vipreetinvestments.blogspot.in/2013/07/when-pain-can-be-your-gain.html



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Lakshmi Ramachandran
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Friday, July 12, 2013

When Pain can be your Gain.


Successful people always have a positive outlook for their future. When you focus on the future and all of its possibilities, you will improve your long-term thinking as well as your short-term decision making. These people seem to make better decisions and choices about their daily lives and they have better time management skills compared to the people who just don’t give their future that much thought. The best thinkers have always had a clear vision of what they had wanted from their future. Every decision they make is clearly consistent with achieving what they desire from their future. Make sure you have a clear vision of what is important to you so you can put your best efforts towards manifesting your desired outcomes. Successful people think long-term because they know what they want from their future. It is simple for them because they will not let anything get in their way. Unsuccessful people are always thinking of instant gratification. They don’t have the will to do something monumental in their lives. They always are thinking of the short-term instead of the long-term. That is why they will only get mediocre results from their actions. The people who desire outstanding results from their future will often make their day to day actions outstanding because they know it will be only benefiting their future. Take control of your thoughts to make your future exactly the way that you want it to be. - See more at: http://hoomancan.com/blog/2008/10/long-term-thinking-will-improve-your-short-term-decision-making/#sthash.KBS9fi9r.dpuf
Successful people always have a positive outlook for their future. When you focus on the future and all of its possibilities, you will improve your long-term thinking as well as your short-term decision making. These people seem to make better decisions and choices about their daily lives and they have better time management skills compared to the people who just don’t give their future that much thought. The best thinkers have always had a clear vision of what they had wanted from their future. Every decision they make is clearly consistent with achieving what they desire from their future. Make sure you have a clear vision of what is important to you so you can put your best efforts towards manifesting your desired outcomes. Successful people think long-term because they know what they want from their future. It is simple for them because they will not let anything get in their way. Unsuccessful people are always thinking of instant gratification. They don’t have the will to do something monumental in their lives. They always are thinking of the short-term instead of the long-term. That is why they will only get mediocre results from their actions. The people who desire outstanding results from their future will often make their day to day actions outstanding because they know it will be only benefiting their future. Take control of your thoughts to make your future exactly the way that you want it to be. - See more at: http://hoomancan.com/blog/2008/10/long-term-thinking-will-improve-your-short-term-decision-making/#sthash.KBS9fi9r.dpuf
Successful people always have a positive outlook for their future. When you focus on the future and all of its possibilities, you will improve your long-term thinking as well as your short-term decision making. These people seem to make better decisions and choices about their daily lives and they have better time management skills compared to the people who just don’t give their future that much thought. The best thinkers have always had a clear vision of what they had wanted from their future. Every decision they make is clearly consistent with achieving what they desire from their future. Make sure you have a clear vision of what is important to you so you can put your best efforts towards manifesting your desired outcomes. Successful people think long-term because they know what they want from their future. It is simple for them because they will not let anything get in their way. Unsuccessful people are always thinking of instant gratification. They don’t have the will to do something monumental in their lives. They always are thinking of the short-term instead of the long-term. That is why they will only get mediocre results from their actions. The people who desire outstanding results from their future will often make their day to day actions outstanding because they know it will be only benefiting their future. Take control of your thoughts to make your future exactly the way that you want it to be. - See more at: http://hoomancan.com/blog/2008/10/long-term-thinking-will-improve-your-short-term-decision-making/#sthash.KBS9fi9r.dpuf
Successful people always have a positive outlook for their future. When you focus on the future and all of its possibilities, you will improve your long-term thinking as well as your short-term decision making. These people seem to make better decisions and choices about their daily lives and they have better time management skills compared to the people who just don’t give their future that much thought. The best thinkers have always had a clear vision of what they had wanted from their future. Every decision they make is clearly consistent with achieving what they desire from their future. Make sure you have a clear vision of what is important to you so you can put your best efforts towards manifesting your desired outcomes. Successful people think long-term because they know what they want from their future. It is simple for them because they will not let anything get in their way. Unsuccessful people are always thinking of instant gratification. They don’t have the will to do something monumental in their lives. They always are thinking of the short-term instead of the long-term. That is why they will only get mediocre results from their actions. The people who desire outstanding results from their future will often make their day to day actions outstanding because they know it will be only benefiting their future. Take control of your thoughts to make your future exactly the way that you want it to be. - See more at: http://hoomancan.com/blog/2008/10/long-term-thinking-will-improve-your-short-term-decision-making/#sthash.KBS9fi9r.dpuf

I tend to relate almost everything to the stock markets.Yes, I am completely obsessed with it.So when my doctor nephew said he was interested in doing a fellowship in "Pain Management" I immediately thought of the pains that one goes through in stock markets and how one could go about  "Pain Management" in the stock markets.

Pain from stock markets come from losses when the price goes below the 'Buy' price. We at Vipreet's manage this pain by making the pain our gain.We do this by buying fundamentally good stocks at every dip.Akin to collecting "family silver".Stocks that will outperform the Nifty in any market.The pain thus turns to a gain over the long term.

This is what I have named my report - "Family Silver" - containing stocks to be collected at every dip.If you want to be a part of collecting  Family Silver for your family, write to vipreetsafetrading@gmail.com for details.




Write to vipreetsafetrading@gmail.com to subscribe to our daily analysis of Nifty, Bank Nifty, S&P500 and Gold

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Happy Trading !!

Lakshmi Ramachandran
www.vipreetsafetrading.com

Thursday, July 11, 2013

Trading Right With Vipreet's


Daily Chart



Daily Chart II




Half Hourly Chart




Fibonacci Resistance



Fibonacci Support




 Nifty had a volatile day closing   gap support. An outside day pattern was formed indicating indecision and confusion about the direction.The candle was a bearish engulfing one. With the Nifty in a triangle it is futile to look at these patterns as reversal patterns.Instead we will look to the high -5809  and low -5803 of the pattern which will set immediate direction.

The down trendline from 6229 proved resistance and is now placed at 5862.The green uptrendline from 5580 on half hourly chart has been broken down.We wait to see whether support from the small red triangle at 5795-5801 holds before getting bearish and wishing away the inverted head and shoulder's right shoulder which is forming and still valid.
  The low of the hammer -5775 - continues to be crucial support for the upmove from 5566 to continue.It is also the 38.2% fibo level of rise from 5567 to 5904. The 200 Ema is at 5767  thereby offering a good cushion at the 5767-5775 area.

Resistances are at  5862-5879-5904-5941 and Support at 5803-5775-5749-5682.

Nifty continues to flip flop in confusion with an almost equal fight between the bulls and bears. Wait for a breakout from the triangle and neckline of the inverted head and shoulder pattern.Till then trade light and with strict stops.Longs can have a stop at 5776 and shorts at 5905.


For early insight into moves of  Nifty, Bank Nifty, S&P500 and Gold subscribe to our Daily Analysis.
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Lakshmi Ramachandran
www.vipreetsafetrading.com


 

Disclaimer

All the calls made in this section are based on my judgment and the information available at the particular point of time. Adequate precaution has been taken while writing the analysis. However, no responsibility is taken for the losses or gains made through the analysis, either legally or otherwise. Readers are advised that acting on the analysis is at their own risk. Stock Market trading involves risk and is a high risk & high return business and I do not accept any financial and/or legal responsibility arising from the use of the information

Tuesday, July 9, 2013

Clear Your Doubts



Clear your doubts about stocks , commodities, currencies at Indianotes.com where I feature as an Expert Analyst. Click on this link to know more http://www.indianotes.com/classroom/expert-talk/ask-expert-question-details.php

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Lakshmi Ramachandran
www.vipreetsafetrading.com

Gold Coil



Daily Chart 




Gold is forming a coil and should breakout soon to make a trending  move either up or down.

The sequence of moves on the upside would be break of 1237 leading to a move to 1257.Break of 1257 gives a move towards 1267 and above that to 1302.

Sequence downwards would be break of 1214 leading to 1207 and below that 1179.


For early insight into moves of  Nifty, Bank Nifty, S&P500 and Gold subscribe to our Daily Analysis.
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Lakshmi Ramachandran
www.vipreetsafetrading.com

Friday, July 5, 2013

Nifty Moves - Bullishness Lurking?



 Half Hourly Chart 




 
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Lakshmi Ramachandran
www.vipreetsafetrading.com

Monday, July 1, 2013

Nifty Moves



Daily Chart





The Inside day pattern made on Wednesday in oversold conditions did turn out to be a reversal.The Nifty made another gap up open ending in a bullish candle which broke and closed above the blue downtrending channel, 20 Ema and 200 Ema and the huge gap made on the way down at 5755-5822.This is very bullish and the pullback should continue.The momentum is good and a  move to 5963 levels is possible.


5847-5897 level is the next hurdle to overcome. Resistance is now at the 50 Ema wgich is at 5847, gap resistance at 5868-5878 and the downtrendline from 6229 highs at 5872. 50%  fibo level ( fall from 6229-5566) is at 5897.



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Lakshmi Ramachandran
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Friday, June 28, 2013

Reigning The Bank Nifty - An Excerpt from The Daily Analysis


Daily Chart




Half Hourly Chart



 The  downtrending channel has still been maintained and has support for tomorrow at 10853 and resistance at 11475. Till a breakout from this channel is made on the upside the downtrend should continue.



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Lakshmi Ramachandran
www.vipreetsafetrading.com

Friday, June 21, 2013

Reigning The Nifty 21st June Morning Update



Weekly Chart 




Delicately poised. Crucial to hold  5600



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Lakshmi Ramachandran
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Tuesday, June 18, 2013

S&P500 Update



Daily Chart




 Will it be 1649 or 1598 ? 1649 seems closer to being taken out but may be the bulls will find it difficult to do so with the 50% and 61.8% Fibo retracement levels acting guard for the bears.


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Lakshmi Ramachandran
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Sunday, June 16, 2013

Reigning The Nifty - An Update







Nifty formed a bearish candle with a long lower shadow on weekly charts indicating buying support around the 5700 levels.The lower shadow was the result of a 2% pullback on the last trading session which also formed an island reversal as can be seen by the blue parallel lines.The downtrendline from the 6133 swing high is proving resistance and crossing it decisively is necessary for the pullback to continue.

5970 will now be stiff resistance as pointed out in the chart.



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Lakshmi Ramachandran
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Friday, June 14, 2013

S&P500 13th June 2013 - Excerpts from the daily analysis


Daily Chart





Daily Chart Showing Short Term Action




The downtrend continued taking support on the 50 Ema once again. Rsi14  is close to it's support line from December 2012. Holding this support is important for further upmove.Failing to hold will see support at the uptrendline from November 2012 at 1609.

A fall below 1609 - 1598  will see the downward momentum intensify. 

Any pullback will see stiff resistnace at  1622-1632.



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Tuesday, June 11, 2013

A Nifty Chart From The Daily Analysis sent to Subscribers





" You might be scared of 'Bulls and Bears'
 It's your money and you should care
Sit back relax, enjoy the ride
Let Vipreet's Safe Trading be your guide "




Daily Chart 




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Monday, June 10, 2013

Reigning The Nifty - A peek into today's Analysis



Weekly Chart



Daily Chart




Half Hourly Chart


Fibonacci Resistance


Fibonacci Support


Bearish Case :

  • Nifty trapped the bulls with a pullback resisting at 5970 ( strong resistance level and the 38.2% fibo level of fall from 6133 to 5869.) and  has ended in a potential double top which will get confirmed on a break below 5870.Break below 5870 will take the Nifty to 5770 levels.
  • A shooting star was formed and a close below it's low  of  5871 will confirm it’s bearishness.
  • The sloping neckline of the head and shoulder pattern, clearly visible on half hourly charts, was broken once again and closed the day below it giving a target of 5619.
  • The pullback seen today  resisted at the 7 Sma and 50  Ema , the moving averages have started sloping down and a lower high lower low sequence is intact indicating the trend is clearly down.
  • Rsi14 is below the 50 line and  moving down exhibiting weakness.Macd has moved below the zero line.
  • The weekly charts show a bearish break of the Inside day pattern confirming weakness which will lead to a test of the 5600 levels.
Bullish Case :

  • The pennant in which  Nifty is moving is a bullish pattern and expected to break upwards.
  • Yesterday's low at 5869 was maintained and an inverted hammer was formed at the support line of the bullish pennant.This is a bullish sign and the  Nifty should move higher from here provided the low of 5869 is held.
  • The crucial  gap support at 5854-5837 is intact.
  • Nifty is much above the 200 Ema which is bullish territory.
  • The stochastics  giving a buy in the oversold region.
  • The uptrendline from 2009 lows is intact keeping the long term trend up.

 Conclusion :

The shooting star will be confirmed if the low at 5871 is taken out and Nifty closes below it.If however the bulls manage to protect the low at 5869 the inverted hammer could play out it's bullish character.

The weekly charts have turned bearish with the Inside day pattern showing the direction to the downside. The short term for Nifty has truned down and a test of 5750-5600 is on the cards.

 The 50 Ema at 5944,  7Sma at 5956 and the 20 Ema at  5991  are the resistances to overcome. 6049 is the point of breakout from the pennant.If these resistances are respected the fall may resume.
Supports are available at   5871-5853-5837.

Half hourly charts are depicting the pennant well  and would be easy to follow in case of a
turnaround.A break above 6068-6 058 will be bullish whereas a break below 5870 will be bearish with an immediate target of 5770.

Selling on rallies should be the mantra.


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Lakshmi Ramachandran
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Thursday, June 6, 2013

Gold


 
Daily Chart 




 Gold has been indecisive since the bottom at 1321 as depicted by the symmetrical triangle and a series of Inside days since the last four trading sessions shown within the red horizontal lines.The Inside day range of 1421-1384 should break soon giving further direction.



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Lakshmi Ramachandran
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Wednesday, June 5, 2013

S&P500 5th June 2013



S&P 500



The uptrending channel is intact and gives scope of a high at 1720. Support is at 1335. Oscillators are showing strength and have reached the overbought region.This shows bull strength continues to dominate in the US markets.

Daily Chart with Oscillators



Daily charts show Oscillators close to medium term supports. The red horizontal line shows support taken since  31st December 2012 when it dipped for a day below the 50 Ema. The subsequent two times it took support at the 50Ema. In short  the 50 Ema at 1606 would work well as the trend decider.

 Will it take support this time ?



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Lakshmi Ramachandran
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Friday, May 31, 2013

Bullish Engulfing Pattern



Daily Chart 

 




A bullish engulfing pattern was formed. Is this a bullish or bearish sign?  
Knowing technicals thoroughly would have helped make the right interpretation like we did - It is bearish having occured at highs.It represents the last gasp of the uptrend and could be indicating a reversal.


 This was part of the Daily Newsletter sent to subscribers.Timely analysis can keep you on the right side of the market.

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