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Friday, 2 September 2011

Market reaches 5000 again,what to do know?

Market closed above 5000 is this indicates uptrend? Ans. Is No this doesn't reflects that market fundamentals are strong as this pull back is only due Federal reserve actions to save U.S. from going into recession, but Recession is very much due in U.S. so this rally could not last long it may go down to 4400 levels very soon, So keep buying good stocks at all levels for long term prospect. Indian Market will blounce back everytime with global cues but this doesn't shows amrket fundamentals

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