Thursday, October 21, 2010

Nifty And Overall Market Update

The huge volatility and up down seen in the last few days is nothing but the changing of position from weaker hands to stronger hands.This rally of 700-800 points on Nifty after getting out of  4600-5500 range is not going to correct in a massive way so early.So stay in the market with full conviction as Nifty seems to target 6500-6600 before breaching 5700 mark in a couple of months.And this 5-7 % correction in such a momentum market does not last for more than 3-4 trading seesions,So stay in and earn money :)

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