Indian Stock Market

Hi Friends, markets are poised to open higher based on global cues.we believe that markets are poised for a sell off at higher levels and the higher levels are not sustainable at least in todays trading session.we believe markets will give enough options to buy at lower levels.Midcaps will continue to be on a roll in coming days.we will be very slow in calls from today on the markets as the volatility index will be at its peak in coming days.We believe its the best opportunity to get out of small cap stocks and start keeping cash in ones portfolio.the million dollar question is now whether we see 4400 first or 4600.we believe that with the present political situation the upside is capped at 4650-4700 on the other side we have a downside if the left-upa nuclear standoff continues.today should be a good day to create shorts in nifty and individual stocks t higher levels. One more of our long term recommended stock Andrew yule has again given 40% returns from the recommended levels and has given a strong breakout in long term charts.all our recommended stocks except 1 is in huge profits
NIFTY SUPPORTS 4468
NIFTY RESISTANCE 4528,4557
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