Weekly Report........!

There has been no let up in the renewed buying force witnessed in the last couple of days.Technical reactions have been minor and have been limited to intra-day declines only.Follow up support at higher bottom levels is very clearly evident. It is heartening to notethat even negative news items have been well absorbed by the market forces without anyscratch. Continue to hold long positions as mentioned in the previous few weeks. It is, as amatter of caution, advisable to avoid aggressive buying on further higher levels. Do bookpartial profits near the resistance levels mentioned against NIFTY and SENSEX.
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