Our indices opened in the positive zone. Sensex opened with a gap in the Positive zone with around 150 points, closed with a gain of 600 points. Nifty closed at 4157 with a gain of 120 points. Almost for half of the day Bulls kept the sensex at around 400 points. In the end session markets rallied on the back of some short covering and fresh buying. Banking and the real estate stocks were the favourite for the day. The call was given on Monday to buy out these sectors. I had mentioned in my last blog that the Nifty is taking good support at the -23.6% retracement level. I have also mentioned that the Crude prices will see some correction. Day after it was mentioned Crude prices fell below 136$ per barrel. Buy PTC, Prajind, RPL, Tata Power, Rcom, Rpower, Gokul Refoils, LITL, NTPC.
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