We expect change in the US policy towards dollar which is severely beaten down in the past few months.Bernanke might signal end to QE2 and might not go ahead with QE3Investors are more focussed towards increase in interest rates as emerging economies like India might see outflows in the short term in case of a rate hike.
We advice investors to play safe and stay in midcap and smallcap space where the risk is low.
It's a Clueless Market..........It Seems.....FII and Big Indian Operator are Playing Video Games in Indian Stock Market......One Day FII Won and Another Day Indian Operator............!!!
However.............Today's Below.....5880.00 Mark
Things Looks.............Weak and Very Weak., below that Mark...NIFTY FUTURE is Likely to hit...............5858.00 and than.........5833.00 too in Today's Trading Session............(KEEP SL : 5911)
Bulls are Likely to take Full Control By Moving Above...........5927.00 Mark...