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Dear Investors,
Its becoming daily routine that as soon as sensex or nifty sheds few points and closes in red for few days, more then its like rumors all around. Few people say market will fall 1000 more points in 2 days. Few say we got news from XYZ group or camp that Nifty will kiss 2000 mark.
Ok now lets talk from Fundamental and Technical point of view.
If we see our Indian economy we are doing great though IT sector is facing the pain due to weakness of dollar, but apart from it nothing wrong companies are still in huge profit.
Technically market is oversold. Now it is
Due to take a turn upside, as it is dying to be overbought now.
What is effecting our Indian stock market is the political issues and world market.
World market is not a that big consideration but political issue can hamper the progress of bull run.
Right now one should make one simple strategy work in small quantity for the time being , and always follow market trend..
If you want to earn in stock market then always remember one thing don’t believe rumors blindly.
Ever thought why rumors are spread ?
Well answer is simple they are spread by big players just to get there scripts clear.
Before investing just remember one thing don’t follow any rumor do your research work before creating any panic.
Regards
Sharetipsinfo team
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