The viewers might have read the previous posts in which I clearly mentioned that the market would fall only when Sensex crosses the previous high. Now this event became History.
The market moved by capital goods, banks and telecom. It is likely that the Nifty would get good support at 4178-81 levels. If we read the history, the Nifty has been trading above 4140 levels for the lost 40 trading sessions. So it is not that much easy for bears to crack the foundation so easily unless there is a drastic change in the economic/political situation. So enjoy in the profits in Mid-cap movers of media, telecom and this time on reality. There was no change in the frontline stocks except in ONGC and SBI.
Monday, July 02, 2007
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