The answer is certainly “no”. The technical analysts, the viewers of this blog might now that the fall could be massive and the levels expected yet to come. So why this cry?- the answer could be the speed and steep fall occurred without warning to many but not to the readers as I clearly stated on "The bears are making in………roads?.… The volatility is not because of the expiry of the July but the preparation for a deep cut on the face of bulls by the bears".
As posted, RIL came to 1791, we expected 1785, ITC in bear grip until it trades below 169.
No need to get panic until RIL trades above 1711-09, SBI trades above 1435-39, RCOM trades above 491, Tata steel trades above 585 and Bharti trades above 806-09 levels. So wait for the right opportunity and start accumulating in the blue chips.
Wednesday, August 01, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment