Breaching the important Level of 4450,on the closing basis,suggests weakness in nifty.Readers of my blog must remember that patience is the KEY TO PROFITS.i advice to wait untill nifty again enters the 4450-4480 zone and sustains there,,better if it closes above this zone.if it happens than only buying for a short term should be done.else we should be watching lower levels to enter again.
mid caps and small caps,should also enter a long period of consolidation.
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