Market view - January 4, 2013 - Karvy

US markets finished in negative territory after the latest Fed meeting minutes revealed disagreement on how long the central bank should buy bonds and as investors took a pause following the previous session's sharp 'cliff' deal rally.

Asian stocks outside Japan fell after Federal Reserve policy makers said they would probably end their $85 billion monthly bond-purchase program sometime this year.

For the day: Trade long in the Nifty above 6010 or else on dips around 5980 levels with stop loss placed at 5950 for targets of 6030 and 6050.

Source : Equity Bulls

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