WE'RE CONTINUOUS ADVISING OUR CLIENT'S TO HOLD ALL THEIR LONG POSITION , NOW JUST SEE THE RESULT WITH YOUR OWN EYES, ON FRIDAY SENSEX SHOOT LIKE ANYTHING. ALSO EXPECTING POSITIVE TRADE IN TODAY'S TRADE
We were Bullish on Nifty since 5400 and today we can see +80 opening Sensex to cross 19200
Midcaps are back in the reckoning and so are the Index stocks. Going by the indications of last week's trading pattern this week is not going to be too easy for the traders with the F&O expiry coming up
Media stocks will take limelight
Rumours Mill started pushing reports of ADAG buy out of shringar cinemas, looks technically powerful.
In a controversial move Reliance Industries Ltd offloaded a 4% stake in Reliance Petro creating room for fresh positions in the F&O segment. Earlier Reliance Petro crashed 29% from its highs due to F&O curbs and Brokerage Sell calls.Market is puzzled with the news of RIL booking profit in RPL by selling its 4%
stake in the market. People have started taking very negative call on RIL and RPL,
remember most of the negative have already been factored into RPL after the recent
downgrading by CLSA (or UBS? i don't recall), and why should it be negative? RIL is still holding 70% in RPL! Its positive for RIL shareholders since RIL has infact booked profits in RPL and this amount would reflect in RIL balance sheet!
IFCI(Rs.89.75) is eyeing the century levels in the immediate future
Live calls for OUR SUBSCRIBER'S ONLY