The unemployment news from US of A is expected, which could come today or tomorrow, and that will trigger a one sided direction for Dow jones, and will certainly affect Nifty and BSE sensex as well. At present i dont see any technical analysis favoring our markets, we are all dancing to the tunes of World Markets, especially this week, our indian stocks have moved in tandem with world indices, and this is very natural as well.
I would bet on IT,STEEL,TEA,HOTEL stocks if market rallies.
Thursday, January 7, 2010
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