MARKET OUTLOOK:
World markets are all in uptrend though the speed of rise has reduced and they are showing some signs of tiredness. It seems that they might consolidate for sometime before they take their next move. One should not be too aggressive to buy at current levels and rather wait for a correction. Base metals are strong but Gold is showing some weakness. Nifty takes support between 4250-4000 and Sensex between 14000-13400 levels.
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