The agreement reached on Greek bailout package could give a further fillip to our markets. Towards the end of the February F&0 Expiry, markets are likely to moves higher. Though there is no reason to believe that market will not continue with their bull run, yet given the run up in the price over a very short period and possible concerns over the election results, crude price and the Union Budget it would be prudent to partially book profits or create a hedge on your existing positions.
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