AS SAID EARLIER THAT MARKETS ARE GOING NO WHERE AND ITS NOT FAVORABLE TO TRADE TILL NIFTY COMPLETES ITS DOWN SWING. ANALYSTS BELIEVE THAT NIFTY SHALL BREAK 5200 LEVEL SOON TO TOUCH 5100-5000-4950.
FACTORS HAVE ALREADY BEEN MENTIONED SEVERAL TIMES, INFLATION,INTEREST RATES,MONSOON,CRUDE OIL ETC ALONG WITH SOME OTHER GLOBAL & LOCAL REASONS. ALL THESE FAVOR THE BEARS FOR THE TIME BEING.CORRECTIVE RALLIES,SHORT COVERING,ETC SHALL BE THE PART OF THE CURRENT DOWN SWING.
STOCKS WILL GO MUCH LOWER THAN THE C.M.P EVEN IF THE NIFTY FALLS LESSER.
NEXT 3 DAYS FROM THURSDAY-TO MONDAY WILL NOT BE GOOD FOR THE MARKETS.THERE WILL BE SELL-OFF WHICH MAY LEAD NIFTY TO BELOW 5200, MAY BE TO 5100-5000.
HENCE BUY PE 5300, PE5400 FOR HOLDING TILL TUESDAY 28TH JUNE 2011. ALSO BUY CE5400, CE5200 FOR THE BOUNCE BACK PLAY.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
FACTORS HAVE ALREADY BEEN MENTIONED SEVERAL TIMES, INFLATION,INTEREST RATES,MONSOON,CRUDE OIL ETC ALONG WITH SOME OTHER GLOBAL & LOCAL REASONS. ALL THESE FAVOR THE BEARS FOR THE TIME BEING.CORRECTIVE RALLIES,SHORT COVERING,ETC SHALL BE THE PART OF THE CURRENT DOWN SWING.
STOCKS WILL GO MUCH LOWER THAN THE C.M.P EVEN IF THE NIFTY FALLS LESSER.
NEXT 3 DAYS FROM THURSDAY-TO MONDAY WILL NOT BE GOOD FOR THE MARKETS.THERE WILL BE SELL-OFF WHICH MAY LEAD NIFTY TO BELOW 5200, MAY BE TO 5100-5000.
HENCE BUY PE 5300, PE5400 FOR HOLDING TILL TUESDAY 28TH JUNE 2011. ALSO BUY CE5400, CE5200 FOR THE BOUNCE BACK PLAY.
Safe Harbor Statement:
Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.
Disclaimer:
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this blog are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither I (Vikas Srivastava) nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.
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