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Wednesday, February 29, 2012

GDP will slap the market sentiment? i think no!

The indian GDP grows 6.1%in Dec-qtr, slower than expected. and this news become a trigger for opps and ouch in the market circle. this data is not unexpected from my point of view and the growth is stolen by higher interest rates and useless government policies . now we all have to do is keep and eagle eye on budget on 16th march.

                      from the technical view nifty is taking solid support at 5400 level and acting as a good support level to enter into the long position. for today nifty will surely close in green mark and if sustains above the 5400 mark then we can see a good rally till budget.





Happy Trading
------------------
Mr. Yuvraj Kalshetti
MY TRADING CORP.
Omerga.
Call us 02475-251888

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