Wednesday, September 22, 2010

stocks update

pharma is doing well.metals have to fire though bhushan is holding.
gitanjali has moved today.
a larger move should come once the selling of 20000 and 6000 nse levels get absorbed.

whats the worse scenario- 5650.
do i expect 5650? not at all.
there are no signs as of now. index may react and come down to 5800-5750 levels at max.

2 comments:

  1. Vipul : You mentioned Crude as bottoming. Are you seeing it similar to Indian equity?.

    Sharp upmove from March 09(A?); long sideways (B?); potential upside break for C?

    Any medium term targets on Nifty & Crude?

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  2. KRG: see post. crude looks good for 100+, closer to 115 actually.
    btw, gold has achieved its tgts.

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