My Monday msg to all before mkt opened : " Market may see a profit booking.Better be hedged. Start booking little profits."
See the graph above, market has been fallen since monday.
Nifty Coming Week: Nifty if settles around 4900-4950 levels and bounces back then we may see a fresh part of relief rally. Major Resistance for upmove are 5080 & 5200. Below 4900, Nifty may even test 4750-4800 levels.
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