HomeNewsBusinessMarketsWait to see if break below 4700 is sustainable: Way2Wealth
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Wait to see if break below 4700 is sustainable: Way2Wealth

According to Ambareesh Balinga of Way2Wealth, the best thing to do now is wait and see if the 4700 level on the Nifty is decisively broken.

November 23, 2011 / 21:12 IST
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The Sensex and Nifty breached its two year lows during trade today due to unwinding of long positions and chaos from the eurozone. In the current scenario, Ambareesh Balinga of Way2Wealth has a wait and watch approach.

Speaking to CNBC-TV18, Baliga says that people should first determine if the 4700 level has been decisively broken.
TAGS: #Ambareesh Balinga #eurozone crisis #Market #MARKET OUTLOOK #Nifty #policy paralysis #Rupee #Sensex #support level #Way2Wealth
first published: Nov 23, 2011 01:02 pm

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