Will nifty break 5000 level
Nifty touch a low 5120 on Friday and recover before closing at 5220 down 120 point from last close .market broad wise selling put pressure on investor mind does nifty break 5000 mark.
global cues very weak due to fear of double dip recession likly in USA also Europe economy may be worsen but seem us and European market reaction much faster then hope and valuation also very cheap,may be in long term seems weaken for other market , Indian market fear also impact quickly and nifty almost down 500 point in few days.
It seems Indian stock touching new low market will break Friday low again but hard to break 5000 level investor who is looking to invest for long term advised to buy stock with good fundamental and strong order position partially putting stop loss around 4900 .
personally i feel buy stock like cairn,itc, bhel and gsfc
Nifty touch a low 5120 on Friday and recover before closing at 5220 down 120 point from last close .market broad wise selling put pressure on investor mind does nifty break 5000 mark.
global cues very weak due to fear of double dip recession likly in USA also Europe economy may be worsen but seem us and European market reaction much faster then hope and valuation also very cheap,may be in long term seems weaken for other market , Indian market fear also impact quickly and nifty almost down 500 point in few days.
It seems Indian stock touching new low market will break Friday low again but hard to break 5000 level investor who is looking to invest for long term advised to buy stock with good fundamental and strong order position partially putting stop loss around 4900 .
personally i feel buy stock like cairn,itc, bhel and gsfc
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