THE HIHG TOUCHED TO FALL….

The Nifty touched a high of 4291 and fell to 4231 leading a negative journey aided by RIL, SBI, RCOM Bharti, Tata Motors and ONGC. Now the real challenge is Nifty to close above 4209-08 up to May series. As the Asian markets are weak take the opportunity to sell now and buy later. The RIL shall trade above 1721-23 to see the bull sentiment intact. “We want money” is the slogan of the Indian industries, so the flooding of new issues and NFOs. They will suck the money, the madness will surface after 6 months in the banks financial results. Then the real cry for money by the investors is heard on the streets. Be cautious with bank associations at the street. Good luck.