Friday, January 27, 2012

Morning Market View 27 Jan 2012

Market momentum still looks good. Though the quarter 3 results so far are fairly good and certainly a big relief for investors, yet indices have moved up quite a distance over the last few weeks. Positives on domestic results, stability on global markets  and CRR relief are to a large extent already in the prices. Further movement from here will be on the back of momentum. Book partial profits here and be cautious on the markets.

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