Friday, August 22, 2008

The consolation move….

The weakness in the Nifty stocks was mitigated due to the rise made by the RIL, ONGC, RPL, Bharti, RCOM, BHEL, Rel Infra and Infosys. As expected the Nifty got support at 4248 (…The Nifty will get support at 4251-49 level…) but the problems of selling at hibher level was not reduced. So the markets need much more favourable news to rise from this gloomy situation.

The Nifty lost more than 130 points yesterday and recovered nearly 43 points, a consolation move to the brave heart Bull. The Nifty lost more than 100 points on week on week basis and 5 less when compared with the July series closing.
The banks especially the private sector banks made some come back, fertilsers and Sugar stocks continued to do well.

The STOCK-TRADING is a “Skill-FULL Job”. NEVER blame others for the LOSS/DEALS.
Never Forget: I may be wrong, You may be wrong but markets always RIGHT.

1 comment:

Anonymous said...

Smoking Your Way to Good Health - The benefits of smoking tobacco have been common knowledge for centuries. From sharpening mental acuity to maintaining optimal weight, the relatively small risks of smoking have always been outweighed by the substantial improvement to mental and physical health. Hysterical attacks on tobacco notwithstanding, smokers always weigh the good against the bad and puff away or quit according to their personal preferences.
Now the same anti-tobacco enterprise that has spent billions demonizing the pleasure of smoking is providing additional reasons to smoke. Alzheimer's, Parkinson's, Tourette's Syndrome, even schizophrenia and cocaine addiction are disorders that are alleviated by tobacco. Add in the still inconclusive indication that tobacco helps to prevent colon and prostate cancer and the endorsement for smoking tobacco by the medical establishment is good news for smokers and non-smokers alike. Of course the revelation that tobacco is good for you is ruined by the pharmaceutical industry's plan to substitute the natural and relatively inexpensive tobacco plant with their overpriced and ineffective nicotine substitutions. Still, when all is said and done, the positive revelations regarding tobacco are very good reasons indeed to keep lighting those cigarettes