Hi everybody!
All of us witnessed a stupendous pullback yesterday with a positive surprise from the weekly IIP numbers. Largely the mkt is still pretty weak and every small rise will only propel short positions... which again eventually will take the mkt up by way of shortcovering, as it did yesterday. Today will be a mixed day and movement expected on either side( as most analysts would blabber) isnt my kind of opinion and believe in sticking ones neck out and owning responsibility. Being my first item here... will go ahead and say its a buy on nifty at opening today! will try and keep it updated during the day.
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