Thursday, 19 September 2013

Boom boooom Sept 19th

Boooooom.... you may see Nifty zooming towards 6050 - 80,  did you felt left out, it is normal for us to feel when ever these things happen. Has any one made money, unfortunately not you, me and domestic funds infact it is FII's who make good money because they bought money into market when frontline stocks were trading half of their levels and when USDNR was trading at 67 - 68 and now USDINR was expected to move to 60 levels and that is when they may book profits.

Friends be careful as we have one more event expected domestically and it is always better to be light before EOD and have a sound sleep so that you have energy and money to trade next week. Technically 6070 levels have strong resistance and I prefer for shorting opportunities at these levels.

Stocks for the day

ICICI
Infy
Tata Steel
DLF
ITC
Maruti
Bharti Airtel
Ranbaxy

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