Sunday, October 11, 2009

Market Exected to move Sideways

after last week's correction witnessing a dip of 492 points, market experts said this week might continue to see sideway movements with slight downward bias. they opened it was basically the momentum play which took the markets beyond 17000 points and there fore downside movenment was expected.
Broker pointed out that this week, Nifty may bottom out at 4800 levls. it should not come below this as fundamentals of the country are intact .

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