The last couple of weeks have been a roller coaster ride for the market. Indian equity markets rewarded investors last week even though global macro newsflow and the Eurozone crisis constantly loom on the horizon.
Anil Manghnani, Modern Shares & Stock Brokers finds no reasons to suggest that any fresh upmoves are coming up. It is still a technical pullback, according to him.
The first test for the market now is 5109, he says.
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