High volatility has been observing in Indian Stock Markets amid on Global Market Cues. This month is expected to be all the more volatile going ahead. The developments pertaining to Greece default and news flows from the US economy indicating the risk of recession or recovery thereof is going to influence the future trend of the market. On downside, 4,800 is a key trend decider level for the market. Below 4,800 level, panic selling is likely to lead to further downfall till 4,700 levels.
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