Friday, January 2, 2009

05/01/2009 mkt view

friends at this juncture bear has less hand than bull over market no doubt..

But the main question is that will it survive or fail like previous all market rallies. There are scripes like bhel/ lt, gmr which are not in bear grip...

But the real problem may arise with ADAG AND RIL group...

Rcom good only above 260 closing basis, rel above 650 closing basis only...

Better not to initiate aggrassive buy position and dont keep ur position open better to hedge than exclusive trade.

DICLAIMER- ITS GOOD TO ASSUME THAT I FOLLOW MY VIEW COMPLETELY

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