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The faster thy fall the faster thou recover!O the Indian stock markets your char,m can not be lost forever.
Markets are poised to open gap up based on good global cues.today being the day of settlement of monthly contracts expect volatility to be at its height.we were positive on Indian stock markets from last 10 days and traders could see the same on our earlier posts.we have started posting the nifty views on a new blog http://niftyviews.blogspot.com/ from today onwards.we are bullish on the markets today but don't expect a blew off rally.we had given a view on nifty which speaks about the trades we were advising.fii shorts+institutional longs+deadly short covering
was the mantra we followed and we advised.
we believe we wont see the 4000 levels again for the near future,the markets follow the rule of diminishing return.every news starts losing its value month after month.we wont deter from saying that we might see 1-2 hedge funds blew off and 1-2 us based banks close there business but trust team stockresearchers,Indian markets have factored in every thing now
expect small weakness in second half if any
nifty views
supports at 4359
resistance at 4400
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HAVE A GREAT TRADING DAY
VINAYAK
TEAM STOCKRESEARCHERS
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