it seems that market have completed its first leg of upmove started from 8047 at 14931 today. following days will confirm it.
it has been a hughe run up of 6884 and out of it 2600 point rise was done in last two trading days.now we can see cooling off in large caps who have run up very fast, so i expect profit booking in large cap stocks and upmove can be seen in selected mid cap stocks.
pankaj ji, but will the budget in another few weeks hold the momentum before it starts correcting?
ReplyDeleteDear Ravi Kumar,
ReplyDeletenow for mkt no other trigger is left out except budget.so after few days cooling off again we can see last upmove as Bc which can take us near 16k.as per expectation large cap is coolong off and mid caps r flying .....
yes pankaj ji, all large caps cooling down..
ReplyDeletemany thanks for your IFCI call. made good profit and left remaining quantity free of cost
thanks Ravikumar.did u buy gdl today?it has given very good upmove.
ReplyDelete