The up move can be seen every where. It seems that the Nifty could easily cross 4200 and even crossing 4211-4221 could become no surprise as things stand out.
The technicals become positive if things move as stated above. The RIL shall trade above 1681-83, ONGC shall trade above 891-93.RCOM likely to cross the all time high. SBI likely to trade above 1389. The weak steels may post decent gains today. The techs bottom support are intact, so their run can spread to even small cap techs. The laggards are FMCG and autos.
The DLF and ICICI are not absorbing the money, instead bringing FII money and a big broadcast for Indian stock markets?.
Monday, June 11, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment