Saturday, December 17, 2011

Nifty Next Major Support is at 5200

Nifty Broke a range of 4750-5200 , there would be a great chance that by January 2012 nifty may touch 4200.

So play safe in market. If you have a long term view in equity market then there would be no problem for you but short term player can play safe and better defensive rather than in hurry to invest and trade in stock market.

Mutual fund investor should reduce their exposure from high risk fund to low risk funds.This will keep them sage from high volatile market.

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