Market seems to continue the trend and resistance at level of 5150 can be seen.
market is expected to move in the range of 5050 and 5150 in coming days for short term.
For few week there is no positive news for India market.
Increasing inflation, Declining GDP, increasing Fiscal deficit concerns, No cut in repo rates are the news
which are hurting the investor sentiment.
Market is rising due to the hope of positive global economy in EURO, china and USA.
Key upside level is 5180 and downside level is 4850 for medium term.
Investors should trade with proper stoploss as volatility can be seen in the market in coming days!
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