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Wednesday, November 30, 2011

Indian Stock Market Ready for a big jerk

Indian Stock Market ready for a big jerk , China rate cut and FDI in retail in India may play a big role.

Nifty may now cross 4800 and try to touch 5000. But again in medium term market is weak ahead as global economy weakness is improving day by day.

Quarter result in US next phase would be so encouraging. NSTIPS ADVISORY Just suggest to all short term players that play safe , better exit on every upper levels.

If market show weakness on top levels that one can still short nifty from above 5000 levels.

Here some short covering can give a jerk to nifty of around 200-400 points.
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