Indian stock markets are zooming due to heavy FII buying since 2 month,today again consecutive six week of gain on NIFTY and SENSEX ,all stocks heavily traded and even few of them rise 10-15% in a single trading session ,most of stocks traded in nifty rise nearly 30-40% in jan and feb..
Indian investor just watching market some of them smartly bought already at beginning and sitting at large profit advice to book some profit ,after a long journey in nifty almost 1000 point now looking we have seen some profit taking at higher level ,all over market sentiment is bullish so not go short in market now.trader can take chance to short nifty at these level around 5600 with stop loss of 5645 for tgt of 5400 soon later on for new settlement i feel market on uptrend but stock shifting looking in market .
Some stock and sector which not join rally this time may be take next rally ,stock like Skumar,alok,welcorp and pharma stock rise substantially further 20-30% rise may be in coming month in these sector and stocks.
I still hoping main benifictary stock in budget is texmaco,nitin fire and cummins.
Sector like metal and auto already rise much so looking to go down after budget.
MCX coming with ipo is attractive for sound feature with business ahead and good for long term investor.
Indian investor just watching market some of them smartly bought already at beginning and sitting at large profit advice to book some profit ,after a long journey in nifty almost 1000 point now looking we have seen some profit taking at higher level ,all over market sentiment is bullish so not go short in market now.trader can take chance to short nifty at these level around 5600 with stop loss of 5645 for tgt of 5400 soon later on for new settlement i feel market on uptrend but stock shifting looking in market .
Some stock and sector which not join rally this time may be take next rally ,stock like Skumar,alok,welcorp and pharma stock rise substantially further 20-30% rise may be in coming month in these sector and stocks.
I still hoping main benifictary stock in budget is texmaco,nitin fire and cummins.
Sector like metal and auto already rise much so looking to go down after budget.
MCX coming with ipo is attractive for sound feature with business ahead and good for long term investor.
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