Nifty, Tata Motors, ICICI and SBI outlook Ramki on CNBC

Hello folks,

CNBC India reached out to discuss the outlook for Nifty, Tata Motors, ICICI and SBI. Here is the link for that:http://www.moneycontrol.com/news/market-outlook/exit-longs-till-nifty-hits-8400-wavetimescoms-ramki_1405518.html

Trading is all about listening to the clues that the market sends us, and taking appropriate action. A few weeks ago, when I was in NYC, I had mentioned that we will likely get a bounce from 8080 or 100 points below that. We did get a recovery, but the personality of that recovery clearly indicated that it was not the real thing. The next level where I might get interested in discussed in the video you see in the link. Good luck.

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