Sunday, January 6, 2008

a bit down.. a lot UP

I will not call it correction but buying opportunity.
Whatever FIIs may say but India is the strongest & profitable market & all are going nowhere. wait for the results to appear & markets will cross this Resistance.
Before this, 5% correction, if comes, is welcome..
again bank on banks.. cements.. power.. and all good mid caps. This is not a weakness in market but Resistance level of nifty which has to be broken for new highs..
Caution has to be there for political instability around 15th. So.. keep booking your profits.. enjoy short term earnings.. Don't invest much in risky stocks, go for fundamentally strong stocks.. But don't lose the opportunity to be invested when Nifty crosses 6400 & 6600
No specific stock but all in banking , infrastructure, cement.. still has to move up..
energy sectors to jump soon..
go for all power sector IPOs
..
wait for more info tomorrow
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