Friday, September 7, 2007

Market Comments - Chak De India

Markets opened weak yesterday based on global cues but then Bulls had different ideas. Our markets have now become resilient enough to move ahead even though US cues were not good. Markets recovered very fast and now progressing towards destination 16K.

SBI, IDBI, DLF, GMR Infra, Infosys, Reliance, Reliance Petro, Reliance Capital all will move smartly. Bears will have no choice but to cut their positions as they had lost a good opportunity yesterday. When Sensex was at 6K very few had thought that 10K would be achieved. Now even 20K looks possible and if everything goes well we can see grand 25K in another 5 years as predicted by RJ.

Chak De India!!!!!!!!!!!!!!

2 comments:

Anonymous said...

hi srikanth ji, I am still waiting for your reply regarding my query. as i am a beginner in this feild so your answer means a lot to me.

Thanks
bharati rai

Anonymous said...

sorry i forgot to write my mail id...its bharati.rai@gmail.com