Showing posts with label market movement. Show all posts
Showing posts with label market movement. Show all posts

market will be good for today & tomorrow

For the past two days market was went up because of the global markets. U.S,Hongkong markets up for the past two days. the upside movement will continue till tomorrow,because tomorrow is the last day for Futures and options. the brokers will take the market to upside.In every rise you sell your position. after budget market may fall this is what the message which i have received from many brokerage houses. because of the railway budget kalindee rail,texamo,Beml, stone india went up. by 2010 all the trains should contain stainless steel body comportment because of this jindal stainless steel will gain more.yesterday it went up around 10%.in longterm view one can take position on Jindal stainless steel.

Sensex up by 817 points

sensex went up to 17766 points i.e 817 points up.there is some kind of relief rally came in midcap and small cap also. During the continuous fall in market midcap and smallcap affected drastically.midcap and smallcap went up by around 350 points. some handsome buying came at the opening level thats why opening itself sensex went up by around 500 points.no need to book the loss in this market,suppose nifty went below 5165 means one can start selling. According to experts view upside movement may continue,market will touch 18500 level.