1200hrs : mkts moving indecisive. None of the limits crossed so lay back N watch for signs when to enter. Stock specific recommendations hold only with mkt sentiments being atleast neutral. Go for chai-sutta break.
1227 hrs IST : nifty moving range bound. Wud suggest going short rather long. Auto stock seeing profit-booking so shorting them makes sense. Do NOT buy they are highly over-rated now. HDFC bank & India Infoline present shorting opportunities too!
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