Saturday, August 24, 2013

Nifty ans Sensex bottoming out?

As the addage goes into the capital markets that bottoms are formed when there are bad news pouring from all quarters of economy. Current situation of Indian economy is no different. another feature for bottoming market is a lot of volatility which is also being witnessed from last few trading sessions.

So as per my view go Nifty and Sensex are in the phase of bottoming out. Only need of the hour is Nifty must hold the level of 5293 in coming days.

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