Monday, March 14, 2011

Dalal Street to trade flat on sliding oil, Watch for surprises soon

Markets - Get ready for the run

We do not expect major moves in today's trade. But given the situation we believe Indian equity markets are gearing up for an upmove in the coming days. Our team analysts went through some number crunching and pegged the market in favour of bulls in the ratio of 65:35.

With limited downside, we urge the investors to jump into the market though prima facie the market still looks jittery. Many indicators are providing us with a great momentum in the coming days and the rally will get Reliance by its side as the stock is ready to break out big time on charts soon