So prepare for the up move!

The Indian markets are not fallen in that category to sell indiscriminately across the board. The mantra of creeping acquisition by the promoters is also a threat to bears. The market has not completed the correction but it has not completed the promised “due” to create all time high of Sensex. There was steady growth taken place in the NFO collection by MF’s and the industrial growth. So people are not in a hurry to book their profits made or not sure that they can by at lower levels. If we focus on Nifty it did not breached the 4140 support at June series though spot did. The trading sessions will be volatile to convince the bears to give a way their stake made. The markets will gain 500 points before it takes a Southward direction. The beauty is the consolidation at higher level and the decisive move can be seen after June-07 quarter results. So wait for a steep fall and for now trade cautiously. The levels we discuss tomorrow.