On Monday US markets closed on positive note yet again.Sentiment seems to have picked up on positive step towards Greece managing its debt problems.Asian markets too are trading higher led by Japan.In India too markets yesterday made a new 2 year high.But one thing worrying is markets are making new highs on bad breadth and low volumes which is not a good sign for bulls.The main trend continues to be bullish,a close above 5330 will further boost the strength.If during intra nifty starts trading above 5325 then long positions can be built with stop loss at 5300.Till then there will be stock specific action.But investors and traders need to be very carefull from here on as we are approaching a time cycle date on April 7th.So any time between now and April 7th the markets could top.So maintain strict stop losses on all positions.
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