Indian equities are likely to marginally gap up when they open for trade on Monday morning on positive global cues which includes end to Egyptian crisis. Asian markets are trading positive today
Markets - To race higher
Its pay back time for bulls. We expect markets to race higher giving a lesser chances for traders or investors. One should remember this is just a relief rally and for the relief rally to convert into a major bull rally one should take assistance of technicals.
SEBI's probe against the Bear cartel is a welcome sign. While many on the street are arguing that it is definitely valid to short a stock based on its merit, we clearly are against spreading rumours during panicky situations and causing further damage to innocent investor's wealth. We have taken notice of such kind of rumours floated against specific stocks which were forced to bite the dust due to weak sentiment and relentless short selling. The worst part of the Bear cartel is few sections of the media are working hand in glove which includes a major business daily which failed to check basic information about the location of a company while reporting a news recently.
It's time the small investor is rescued and SEBI puts a check to these kind of acts.
Keeping Stop Loss of 5100.....Start Fresh Exposure in Indian Stock Market.......................!!!
As....On Friday's....We Already Wrote About this............!!!