Rakesh Jhunjhunwala views on Indian Stock Market in Year 2011 | Indian Stocks to Make You a Millionaire

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Rakesh Jhunjhunwala views on Indian Stock Market in Year 2011

Posted By On 7:21 PM Under

rakesh jhunjhunwalaRakesh Jhunjhunwala is bullish on Indian stock market for the current year provided the monsoon keeps to the promised levels and crude remains below the $100 mark level. However seeing the middle east crisis and Saudi Arabia crisis coupled with Libya, crude may sky rocket to the levels of $150 per barrel and it will open a tin of worms for Indians.

Rakesh Jhunjunwala feels that market will keep on moving with in a range of 5200-5700 where support and resistance have been established before market makes a fresh breakout. As per him all those value buyers can shop for good stocks and as a valued buyer one should not be checking the stock price every day.

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