June closed with out gains?.

The series started with 4295 and ended with 4282. So no Puts and no Calls made big money. The stocks rocked are ABB, SUZLON, L&T and the today’s surprise win from cement sector stocks.

The techs are facing the heat of rupee rise may enjoy the new contracts at higher price and volume increase can be seen as the industry is consolidating with decent top line growth. A waiting period of one year at this level is no wrong as the run up was incredible.
The auto are going to change the transport system in India as huge potential is going to be unleashed in a year or two. The CNG will change the lifestyles and the retail shops provide big opportunity across the nation.
The Nifty did not breach the low or crossed the high as mentioned, RIL got support at 1685-86 level and resistance at 1712-11 level. SBI did now trade below 1441-43 level advanced. The Bharati is consolidating between 821-839 levels.
Follow up: Satyam and Wipro gave decent gains. The banking not bearish as thought. due to SBI news. HDFC made decent move up. The biggest failure – failed to anticipate the cement move.