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Meltdown continues...........
It was another day of sell off. Market collapsed on the fear of rising inflation and possibility of repo rate hike by RBI. Stocks from interest rate sensitive sector like Auto, Banking, and Realty were again butchered heavily.
Nifty has again made a new low of the yea and closed below the psychological level of 3850.It appears that Nifty has made a short term bottom but in these uncertain times global cues can dent the sentiments.
It was another disastrous day for the market.
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Money management comes in place before Trade then only Trade management left with you.Just like you prepare your suitecase before boarding the train.Once you are on board it's just a matter of time where to jump out of the train.
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