Thursday, December 29, 2011

NIFTY IN JAN

Now since Dec expiry is over we can take a view on markets, at first instance it look like we are heading for tough times in next month.
First ten days are very crucial i have no doubts about it so investor/traders should stay very cautious on long trades and instead look to trade short on any rise.
january has been very cruel month for indian stock markets for last 4 yeats and have fallen 10-20 % each time.and coinicidentally the picture this year is also very bleak.14000 levels are possible on sensex in 2012.
my view is trade short AND keep booking profits on downside rallies.

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