According to me Inflation will be high this weekend. Viewers are adviced not to take any major position in the market, as the market has already seen a good rally in the last 2 days. So for the punters it will be easy to crack down the mkt, if there is any bad news. Readers of the Blog surely have garned lot of money in their pocket. On April 04th it was mentioned that the IT sector really looks promising to me and according to em investor should BUY IT stocks. ((April 04---- IT Secotr looks very positive. For the last few days the Fall in out markets are supported by only IT sector. Investor should start investing in the IT sector, FMCG & pharma. IT sector looks more promissing....... BUY)).
Last 3 days it is been seen that the Nifty is taking a good support at the RED trendline ( Refer to chart). On Tuesday i have put my comments that the technically Nifty chart is not looking bad to me and my short term target for Nifty is 5200.
On 25th April i have posted some names of the stocks that are looking to me (((April 25---
Investors can BUY RPL, NTPC, PRAJ IND, LANCO INFRA.))) Viewers might see the price difference now.
Rupee is loosing its shine against Dollar. It is heading towards sharp decline. Crude is rising. Both will impact the growth of India. Nifty has a good support at 5000-4950 levels. Alabs 1st target of 675 was achieved. RPL has a good resistance at 189.1
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