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Few weeks back everyone was saying that there will be Bear market for next few years and now again everyone is showing interest and markets are rising again. However, I still feel that credit crisis and recession in US will still affect the World economies and investors must stay cautious. Emerging Markets like Indian Share Market may still do good in the long term but there will be lots of choppy sessions. Hence Investing in India is recommended by every analyst.
Dear Visitors,
This blog is really nice and informative. We do think our posting will be highly beneficial for you too. From past few days we have witnessed major downward rally in Indian stock market along with other major exchanges. It was there due to fear of recession in USA which is major economy.
But if we talk technically then Indian stock market is set to go up but still trend is not clear as few indicators are giving buying signals and few are still giving selling Indications.
So we suggest everyone to wait till Nifty touches 5350 before taking any long position.
If you have any query feel free to contact us.
Regards
Sharetipsinfo Team