MARKET VIEW: BOOK PARTIAL PROFITS
Nifty is hovering near 9300 levels and the uptrend is getting weaker. It faces technical hurdles near 9400-9500 and the geopolitical headwinds are still persisting. Though some of the corporate results are good but it would be too early to expect a strong earnings season.
It would be prudent to book partial profits and switch from equity mutual funds to balanced funds near current levels.
Disclaimer:
Market View: Book Partial Profit /28/ April /2017.
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