Thursday, August 25, 2011

Morning Market View 25th August 2011


On expiry day market likely to be very volatile. Despite the big fall yesterday, we are not given up on the possibility of a good pull back rally in the near term. A sharp rally would certainly give an opportunity to investors to have another look at their portfolios and get rid of unwanted stocks in their portfolios. Closing day levels on the expiry day would be a good indicator of the way ahead in the near term. A close with good gains would certainly lend confidence to a pullback rally.

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