Yesterday our market closed on a positive note after a smart recovery above 4800. Till late in the evening Dow was trading in positive along with most European nations. This is because the market is awaiting FED announcement.
Yesterday was the perfect display of true color of stock market. Nobody can explain why European and US markets rallied on Friday and sold off on Monday.
Market has taken the outcome of EU summit positively. Us and European markets closed 1-2% up. Today Asian markets opened positive. Back home there is a huge impending rally based on Short covering as the market is in huge oversold zone.
NEXT TRIGGER IN THE STOCK:Time Warner to acquire NDTV Imagine
Market has no hope in EU summit. It expect disastrous IIP data and no reprieve from the RBI, this means it has factored in every possible bad news which may come ahead.
As advised yesterday market today will move to the tune of European development. So do not forget to focus on eyes on breaking news ticker of your TV or Mobile. Market will be highly volatile with both way move.
MARKET today will open positive due to positive global cues and positive opening of Asian bourses and try to consolidate in the second half. But today’s market will see volatile move due to our NETAS. Watch circus in the parliament.
My dear investors we have seen the most tiring times during 2011. Markets worldwide faced every kind of worst news. Now world markets are showing signs of recovery. Market eagerly awaits the outcome of EU meet on December 9, which will be a game changer for the world markets.
Today is the day for investors to analyze his portfolio, get rid of junk stocks and recoup his energies for a profitable ride ahead. Market ahead next week will be full of action. So prepare yourself today ahead of others.
A few days ago we wrote, we predicted that the biggest game changer for Indian markets is that this Government has started doing its’ duties after a long sleep.
MARKET today will open positive and try to conquer 4800 in the second half. The start of the week will be on a happy note. The greatest positive factors now are the action by the Government, though on back foot.
KAMAT HOTEL WILL BLAST TODAY
JACKPOT CALL
KAMAT HOTEL CMP 94 STOP 92 TARGET 110
FII ISSUE AT 135
TO CLEAR WATER PARTNER
In this type of uncertain market which lacks conviction, a stock is hammered out of shape without analyzing the reasons at the slight hint of bad news.
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