Monday, November 28, 2011

Morning market view 28 Nov 2011


Market is likely to have a pullback rally today after the relentless fall over the past few days. This relief rally may sustain over the next few trading days but the broader outlook, longer term picture still remains grim. Hence use this rally to reduce exposure in the market. Be very stock specific in your approach and buy only stocks of companies which have good cash position on their balance sheets with a positive bias over the next few days.

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