Traders who traded on intuitions will be trapped …
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Gap up opening with mixed sentiments is expected . FIIs were net buyers yesterday .markets are showing strength at lower levels and 5400 is defending bears …Dow and Indian markets recovered well yesterday ...many traders created short position hoping further fall in market without seeing charts and trapped so to play safe advised to trade according to technical signals and not on intuition or emotions …Advance tax Nos of fourth quarter recorded highest growth rate since 2008 which is good for bulls ...Japan traded at 6 % high today indicated that market will surprise any time and is still trading above 4.4 % …
