Thursday, April 28, 2011
Saturday, April 23, 2011
few stocks
few stocks on nse i like are for short moves:
apollo tyres: small move to 80
sbi: move to 3100-3200
coal india : move to 400
petronet: move to 145+
besides these: jindal steel, hind zinc, hcl tech, titan look okay.
keeping an eye on RIL, it s under an unnatural consolidation phase and will lead the next phase up of the indian markets (without any doubt).
whenever ( thats the important question actually) it comes out of this 'consolidation', it will atleast be 2000+
Monday, April 18, 2011
Thursday, April 7, 2011
markets
-oil has hit 110 usd ! so it has been absolutely on track.
- gold is at 1465$ and seems on way for the before mentioned tgt of 1540usd mentioned some time back.i feel its going to give a berserk move very soon
- spx is almost at top of its range.
- indian markets have also started their period of base formation and almost the low is in.
the low was in actually the market had a turnover of over 3.0 lac crore.
however a larger consolidation phase is continuing and will continue to frustrate.
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