Friday, October 8, 2010

what next

sensex is resting, correcting a little.
oil and gas is looking more and more attractive and will move into the buy zone very zone from the current accumulation zone. of course as a trader one cannot buy here but have to wait for confirmation before going in and buying.
indiabulls did 189 and is really going up.
ifci, idbi should make new highs say 100 and 180+ soon .
6070 nse spot is a very good support. so market should have a tough time breaking this level by far if at all.

relmedia is an all out buy at this level. expect 330, 350 in this month only currently at 280 is i suppose. so a good 25% from here with little risk.

1 comment:

  1. Have found your comments most useful, to the point and accurate.Rally in gold, oil, indian stocks, dow.thats high degree of accuracy.
    Can you update your blog more often?
    Do you actively manage equities or trade for self?

    ReplyDelete