The Years ahead ….

The Bulls combined effort to bring the Nifty to a better level was based on selectively risen stocks with low volumes. The global weakness is always threatening to emerging markets like India to move up.

The euphoria that was generated yester day may be well challenged by the Bears if the Nifty fails to trade above 4375-79 level and shall cross the 4411-14 level to confirm the bull strength. The Nifty has bottom support at 4281-83 level, keeps the faith in the up move.

The RIL has scrapped the bad idea of transferring the assets of KG basin to it subsidiaries when the stock tanked by 15% from its recent highs. The ONGC expansion plans were not so enthused the markets as they were treated as long-term investments that can protect the depleting reserves of Bombay high. The Tata Steel consolidated results were good but the falling steel prices threaten to keep the growth even though the raw material prices are also falling.

Now the markets ready to accept the info stocks dependant on US revenue resources are likely to be down graded as the chances of Obama winning the presidential elections improves. The clear down trend can be seen if Satyam trades below 405-401 level and Infy trades below 1640 level.

The infra structure stocks are likely to gain strength as the investments in India likely to see a sea change after the new govt. takes oath in office of power in May-09. The long-term investors can make a bargain hunting in the infra structure stocks. In short term the focus will be in commodity business as the demand expansion took place before a planned investment in resource expansion.

The 3G policy has big promise to Telecom stocks but the internet service providers will eat away big chunk of profits as the Internet- telephony is to explode in India.
The broad band service likely to took over the mobile communication as the govt. will to go video-conference in a big way in coming two-three years for better governance. The retail and manufacturing companies will use this opportunity for management of raw material and finished product. After three or four year’s time power generation and power trading will have great future as the planned projects will be operationalised by that time.

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.