Hi, Naveen
I agree with your views on the market bottomed out approach. Now as you call me Nifty Mehra so let me share some of my views on Nifty. The technical data (for Naveen to smile) analyzed by experts or so called analysts in this sector are of the view that the market would touch the 5000 mark and then will actually the profit booking starts, bringing down the Nifty to 4200.
The inflation data on thursday will also act as a dampener alongwith the the IIP data released resulting in a bottom out market.
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