1. Presently market is moving up on the back of strong global cues but rising crude oil prices is a concern. Though world wide it is being anticipated that US slow down will not affect Indian economy by virtue of demand but it is a fact that India depends on US for its economy and thus a slow down in US will definitely have an impact.
2. Presently Nifty is moving up but one has to take the positions with strict stop loss a slight bad news from the market and Nifty closing below 4900 levels one will see Jan month lows in Indian stock market.
3. Undertake positions in select stocks as not all stocks are presenting trading opportunities and thus one has to be selective and also apply strict stop loss for the trades.
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Can US economy slow down will have impact on Indian economy?
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