We hit a low of 4796 this morning. 4750 is the 80 % retracement of previous rise below which we will hit new lows. 4750-4800 is also the trend line support joining all lows from Oct'08.Below 4750, we are headed to fresh lows.
We should take support and one can buy quality high dividend stocks now.
We should take support and one can buy quality high dividend stocks now.
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