Tuesday, October 14, 2008

Is the worst is over?

The global financial jitters are over as the govt. intervention is timely and enough to bail out the ailing institutions.
The markets across the globe are in green and enjoying the investor support for the blue-chip stocks. The Indian markets are also likely to continue to enjoy the up move.

Now the crude oil is down, inflation is receding the equities will offer good returns to investors from here. But the markets may fall once again after the shorts are covered and the move to big leap will be originated from 3000-2900 level.

This up move may take the Nifty to 3660-40 level as the Reliance, ONGC, RPL, LT and HDFC are not fully participated.

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