We strongly believe there was a time when one should not try to find bear in the market, and now We think for coming week or ten days trader should not hurry to find a BULL in the market...
Nifty may give bounce back at 5800/5850 level where we think trader should average and get out of their long positions, we will not surprise if bounce back last upto 6150/6200 level also
Next support for the market will be around 5400/5350 only
DISCLAIMER- OUR CLIENT HAS OFFLOAD ALMOST 50% AND RIGHT NOW WE HAVE POSITION IN BHEL, BGR ENERGY, SUZLON and SOME STOCKS We MAY AVERAGE AND TRY TO GET OUT
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