Tuesday, May 22, 2007

Bears are grinding their axes!

The Nifty high is over for news, now all are looking at Sensex. In the mean time Bears are grinding their axes to take their revenge. So be prepared to face by buying now or keep distance and wait for the better opportunity to grab the opportunity to buy the blue chips at much lower prices. The above situation is very much relevant to the fresh investors took positions in media and even banks.
The Nifty failed to cross the higher side but made some genuine effort to stay above 4271. Now the tech laggards shall take the lead, get support from auto sector so as to increase the breadth of the participation in the bull move. The signs of cracks can be seen in the cements and real estates, already waning their early move color. Be cautious, good luck.

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