Nifty Futures: Not yet ripe for a trade!
From the last four trading sessions, I was not at all amused to trade in Nifty Futures and the same was being mentioned in my posts. Nifty has moved no where........Its only a game for intraday manipulators........Banks have categorically cleared their positions............Interest burdens will be passed on to the customers. So how bullish you are on the rate sensitives like auto, realty and infras?????????? All banks and realty stocks are reeling below their major supports. Under these circumstances any rise of these sectors will be for exit only.
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