The N-deal confusion.....

The Indian govt. was forced to take defensive steps on a sliding floor with little grip over the issue. The present situation is now a forced compulsive acceptance of the dictates by the might. The political situation has become fluid till concrete facing measures are taken thought a different interpretation to the presentation of the issue.
The equity markets across the globe no matter what the present rate at which crude is trading or the falling inflation but worried on the deceleration of the economic growth. This situation is worse with the emerging markets whose dependence is more on US, the real trigger of trouble opened.
The Indian markets may escape the deep cut if the NSG accepts the India’s proposal on N-deal, then a huge investment opportunity can be generated for next 10 years, be it in capital goods, construction or in mining. Let’s wait and hope for the best.

The MARKET pulse check by STOCKOMETER: The markets as of now are in line with the global cues. The Nifty made a low at 4328.90 (….. the strength will be gained fast if it holds above the immediate support level at 4343-41 level).

The RIL is good at 2100-2097 level, the next support at 2081-79 level. The RIL made a high at 2105 and low at 2065.

The ONGC may get support at 1023-20 level, made low at 1040.15, a very good support.
The Infy may get support at 1706-08 level will become weak below 1690 level, today low at 1706.50

The DLF is in the yesterday levels. DLF made a high at 515.5 from where the rally triggered two days back.(…The DLF is good above 515 levels and it shall not trade below 503 levels…)

The Tata Steel may fined some new bottom at 560 level or even below, low touched at 555.0
The RCOM once again get support at 379-81 level, but likely to see a new bottom, low touched at 384.50

The SBI has support at 1467-71 level and next support at 1446-45 level. The low touched at 1470.0

The ICICI bank may get first support at 678-81 level and may find buyers at 661-59 level, The low touched at 680

The Relcap may get support at 1305-03 level and the best could be at 1281-83 level. The low touched at 1307.20

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.