THE POWER OF BULLISHNESS!

The bulls are showing their strength in managing the Nifty with rotation of heavy weights moving up. This time by ONGC, Bharti BHEL, L&T and Banks. It is likely that the tomorrow cycle will come with RIL, ICICI, SUZLON, HLL and ITC. The persons in del. in ZEEL can cut their exposure by 75%, Satyam by 50%.
The Ster made a good move but Hindalco did not, but may tomorrow?. Today also RIL failed to trade above 1718 but did not cut 1701. SBI above 1549-51 levels gave good returns and morning up move sustained in ONGC above 881-83 level. The techs consolidated, Infy above 1979 good above 2020 is solid up move. TCS above 1181-83 is good. Incase those who took del. above 1129-31 levels can reduce their holding by 50%.
It is very likely that the Infy results will change the course of journey. I think the RIL will touch 1580, SBI may touch 1430-39 levels before a fresh upward move can be expected.