Can we stand to gain….

The markets took the global positive cues and the crude falling from the peaks has provided the much needed bottom support. But do we have the courage to encourage the growth and taming the inflation with cautious approach?. The rainfall is keeping the experts fingers crossed as they can do very little about it and say it is above normal. Any delay more than a week can change the cropping equations.

The Nifty has crossed the minor resistance while facing the non-stop selling spree. Though it looks too early to conclude but as things stand out today on the face of it looks that Nifty made a reasonable support at 3800 level and will advance upto 4380-4550. The possible hurdle could be the failure of the Govt. to secure the trust vote and you know the result.

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Never Forget: I may be wrong, You may be wrong but markets always RIGHT.