After speech of fed chairman Ben Bernanke to review again in September for economy and no qe3 declared in us yet now as market prediction stock market dow Jones and NASDAQ just recover from month downtrend .
since two working day both index up more then 4% and also Indian stock market also regain on Monday nifty boosted 170 point in a single trading session lot of buying activity happening ,here the question in investor is market bottomed out now or still pain continue.
In my view still condition in us is not better its rally is just a reaction of policy also short covered so may be down Jones gain slightly more 200-300 point but my opinion condition for USA is more worst then ever and market will go down Indian investor also need to not to go for fresh buying because Indian economy also be perform negative from this quarter and more down word still to come.
my view before Diwali nifty can touch 4200 mark so better wait and watch for new investment.
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