1. It is no doubt that the long term trend of the Indian stock market is up and that is the reason that Rakesh Jhunjhunwala gives the positive feelings by giving bold statements that Sensex can touch 50,000 mark.
2. However one has to face the reality and in present time frame on shorter duration market is likely to crack and may touch the levels of 2500 for Nifty as Nifty chart suggests that Nifty is forming lower high and lower bottom. Thus aim to book profit in evry rally and avoid infusing more money in the system.
Warning: Indian Stock Market Likely to Fall in Short Term
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