The Nifty has been rangebound and volatile for the past few weeks. Currently the trend is UP and we have to respect the trend. A correction may be on the cards but that correction might come at 5200 or might come at 6000. The market is all supreme and we have to learn to follow what the market is telling us.
We can look at staying long as long as 5050 is not broken.
Friday, December 4, 2009
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