Market Comments - Not much steam left

Markets are close to running out of steam. Bulls are in control for the moment controlling the market. The situation is akin to a cricket match where a batting team is being guided by their top order batsman but he has only last batsman to give company to him. When will the innings end is a big question? Its only a matter of time before the reversal starts though it looks like bulls are in control but there is not much steam left now.

Those who are interested in F & O can start buying NIFTY put of 5000 strike price and wait for the reversal. You can reap rich rewards.

IFCI has reached close to its peak and the remaining rally will be only after inviting the shortlisted bidders for the price bid. If markets correct IFCI can correct heavily. Follow my Zero stock concept and stay put in your free shares only.

Reliance capital was around 1000 in correction time and now close to doubling. Fantastic returns in this. Almost all Reliance stocks have run up considerably and this warrants lot of caution. There are many other stocks which appreciated in this run which warrants caution. When changu mangu stocks run up, it is time for one to take back seat and wait for correction.