Topic: General Discussion

Market are showing relative strength...almost every company is looking of expansion all are raising money .. its a big list of IPOs goda hit the market... so mauch action form FIIs and DII... Global markets are buyounts... form last 4-5 trading session market always tring to cross its resistance levels.. every day in the first half it try to break the range..but in later half pulled off.. so am seeing some bulish pattern emrging in the stock market for short term.. consider the fact that march and april will be the result sesion and in may we will be at the verge of mansoon.. so am not seeing market correcting form the current levels very much may be 100 -150 points.. in nifty.... but again everyone is expecting its done but makert always give surprizes this time probbly bears may get trapped on the upper edge so do not remain short in the market.. yesterday i was looking charts of reliance... MSCD is on record high and dips are on very short volume and people are buying in the lot check the last 10 days data for reliance volumes are suggesting something big goda happen in this counter .. so as in nifty.. Reliance is my first bet on this phase.. .. availble at very attractive valuation if compaired with other largecap PE.... this big boy will rock soon..

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