there are enough reasons to believe (both fundamentally and technically )that nifty is headed towards 3200. fundamental reasons crude, inflation, high interest rates ...technical reasons poor market breadth, nifty at crucial support levels and on the verge of trading below 200 dma.
AS IT WAS ONLY SPECULATION TECHNICALLY AND FINDAMENTALLY REST WORD COMES OUT IS ONLY CAUTION I AM NOT SAYING THAT STOP PLAYING IN THE MARKETS FOR LONG TERM PLAYERS NO NEED TO WORRY INDIA SHINE STORY IS STILL GOING ON BUT FOR SHORT TERM PLAYERS PLZ REDUCE YOUR LEVERAGED POSITIONS AS AFTER TWO DAYS MARGIN CALL HITS THE MARKET IF TWO DAY CORRECTION SONTINUE AS WE ALL COME OUT FROM A LONG BREARISH PHASE STILL WE DONT PREPARE FOR THAT SO TAKE CAUTION.
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