HI FRIENDS,
i have a strong feeling that nifty will breach 4800 levels ie 500 points downside from the current levels. Yesterday inspite of dramatic spike in the nifty by almost about 150 points it was not able to hold up which it should have if it was to be a bull run all way long, but unfortunately markets tumbled and was in free fall zone and crashed all its gain and just closed with mere 30 odd points of gain for the day.
so my advice would be to wait for sometime before entering into the market because one will easily get the stocks at much more attractive valuations than what they appear now.
cheers
