Tuesday, May 11, 2010

Crucial Closing

Don't get carried away by yesterdays uptrend.As per me it was a technical bounce back as NIFTY(CMP-5193.6) fell for consecutive 4 days.For an uptrend to start NIFTY should close above 5197.So I won't recommend you to BUY now.Wait for some clarity over GREECE issue.As it can have a bad impact on Indian market.

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