Friday, May 20, 2011

Morning Market View 20th May , 2011


With no major trigger in the near term, markets are likely to have a pull back rally. With commodity prices inching up again and diesel, LPG and kerosene prices set to be revised upwards there are enough headwinds to prevent a sustained rally in the short term. Use any rally to reduce exposure or create short positions if you are not a long term investor.

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