Markets have become volatile and they will be expected to remain so till 31st October. Today SEBI is going to decide on the P-Notes issue and the outcome is keenly awaited.
FED event lined up next week and RBI meet this month end are key events to watch for. Markets believe there will be another FED rate cut and even RBI is expected to cut CRR by 0.5% which will augur well for the markets and we can see 20K in quick time.
Stay focussed on specific stocks and add more in turbulent times.
Those who are trading in F & O can go for NTPC, IDBI, IFCI, SBI, RPL with stop losses as per their comfort levels.
Thursday, October 25, 2007
Market Comments - Key Events to decide market direction
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment