In current scenario market is moving in a range. after seen the worst in jan 09 we are in a range of 4500 to 5300 band I think market will not change its direction and it will continuously go in up side. well it is also depend that market must not break 4500. I think it will move in constant manner in upside. and we may see index near 6000 magical mark if index crosses 5350 level and after it must not break 5050 level. then we may see a big bull really. My favorite sector will be banking and specially hdfc, hdfc bank, Lic housing and SBI. C.G will be second choice and I think that power sector will under perform. I have lots of idea for investment so if any body do wants take call he may call me on cell : 919460689598-Gaurav
Dear All Investors Here I wanted to say some thing about the International Commodities Market- I am felling That at world level there will be gone big changes in world Economy and there will be some of these major factors will lead these changes Sub Prime (U.S. Financial crisis) Crude Oil Prices Gold Prices Decreasing Dollar Price (Against Euro and Yen) Presently Crude Oil is trading near 85 to 95 brl and I think it will touch 100$ very soon if it crosses 100 dollar we may see 105 and 112$ levels very soon. thus gold really will rock n roll curent price of gold is near 870$ to 890$ Per Oce. And if it happens the price of gold will rock n roll My first trg for it is 950$/oce then every thing is up on crude oil inventory and fed action about ROI. There is one more factor will lead the reasons ECB is about to announce a quoter trillion dollar loss under sub prime crisis. if inventory comes in negative gold may cross 968$ and if it happen next target will be 995$; 1005-07...
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