Nifty: Resistance 4540/4628/4717
Supports 4480/4444/4400/4383
View: As we told, Nifty corrected from top at resistance zone & lost almost all gains of the day. I hope you all booked your longs yesterday. Again you may try utilise cash to buy in dips. But try to buy in parts, make your own strategy to buy ( If not, then call us, we will help you :) ).
Market still good above 4050. A consolidation after continous rally is a good for market.
Try pick some stocks in dips: BHEL, PUNJLLOYD, RCOM, RPL, ASSAMCO.
{Many people still jump in with whole money at a time, and if something happens to market, they are left with nothing to do.}
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