At current level there is not any positive trend ahead in Indian Stock Market until Nifty trades above 4800 level. The market is holding on to certain minor levels. If this market was going up, it should have crossed 4,800 by now, which it has completely failed at. So, the market now needs to prove that it can go up by 50 points. And, until then there is no sense trying to go long and find that we are part back to the bear market.
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