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Market may treat 4800 as the new 5200, says Udayan

The market has been into a number of swinging sessions and taking a guess on the next movement is now a gamble, says CNBC-TV18’s Udayan Mukherjee. He believes there are murmurs of buying into 4,800. Investors may try and play for a bounce and the market may do what it did to the 5,200 levels.

August 23, 2011 / 09:57 IST

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The market has been into a number of swinging sessions and taking a guess on the next movement is now a gamble, says CNBC-TV18

TAGS: #bearish #BSE #FII #Market #MSE #Nifty #pullback #selling #Sensex #Udayan Mukherjee #Udayan's comments

first published: Aug 23, 2011 08:28 am

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