DOUBTS REMAINED……

The Indian markets moved up but left as debris of doubts while moving in such haste. The Bulls took the short-term advantage to make the retail shorts are covered in fear triggered further rally in Friday trades. The crude sliding from the important support level is a welcome sign as it would offer us to reduce the external fiscal burden due to oil imports. The India’s economy may stay for a while with out generating further fear of slow down in our growth.

The strength in which our companies are operating is being put to pressure as there is considerable change in the economic conditions and the global slow down. The Indian exports are less than 2% when compared to world trade but for us as those three Olympic medals are so worthy to celebrate with out comparing the China’s, likewise the growth in our exports stimulates our confidence to compete in the world competition.

The Friday move in banking sector and the reality sector are more than they deserve at this juncture. The move will help to off load some more quantity while it turns to ride down southwards. But the technicals suggest that the Nifty far away from the verge of fall. The Nifty is good above 4435, as an immediate support level but the conditions favour the bulls so long it trades above 4365 level. So the Nifty may correct from these levels but doesn’t offer a situation for naked shorts at this critical juncture.


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.