Tuesday, September 25, 2007

Never Fight?…...Just SAIL!

The history has never recorded any person win against the market with high fighting skills but just try to float while sailing.
The markets are enjoying the best days of Bull Market with euphoric support to the Indian equities. The markets steeply corrected at one point in time but recovered with the RIL up move. The huge civilization and the triumphant bull move scaling the valuations up on every day without break from the breakout from a low of 1921 to 2426 to date. The other counters are also making surprises to every body as the breakout with 30-40 % in two days that to in F&O scrips.
The Bears could exert aborted pressure in the early trade, failed to maintain through out the day. To some extent, some counters in reality sector, banks and power made some backward move. The real test to Bulls will be after expiry as the valuations were too stretched to carry along the October.
The GMR Infra del.(at 786/-) suggested can be booked tomorrow.

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