Tuesday, August 25, 2009

==>> 4th consecutive day of rally.

Markets continued its northward rally for its 4th day. In the early hours markets opened up strong. Sensex was almost 200 points down, but aftre the noon, pulled back sharply to close in the green by around 65 points. Nifty in the intraday made a low of 4582 and high of 4672 before closing at 4657. Volumes were also pretty good in the market. Shanghai markets in the early hours fell down almost 6% but recovered in sometime. Sensex closed in green. We might see some side ways movement tommorrow.
Buy call on Karutari was given for some quick bugs.
Buy call on Satyam at 103.

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