Indices are likely to open strong on the back of positive global cues. In the near term, market likely to face strong resistance on every rally. Institutional selling, inflation concerns, high possibility of a slowdown in the near future due to soaring crude and raw material prices and rising interest rates are some of the factors which are likely to prevent any sustained rally. Hence investors may be better off looking for exit opportunities in the near term. On the way down long term investors will get great opportunities for buying quality stocks.
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