As we predicted in the morning, the market started with positive trends and remained positive throughout the day. In the end of the trading session the market weakened and closed in the negative side due to weak European cues as well as negative US markets futures.
Reliance Industries, SBI, Bharti Airtel, L&T, Reliance Communication, Infosys, HDFC, TCS, BHEL, ITC and Tata Steel were contributors to this fall.
Market may see relatively positive till this Thursday but the bear didn’t end. As we predict market would see 6500-7000 in near future, so we don’t recommend investors to buy stocks now. Wait, Wait and only Wait……
For any queries, comments and thoughts kindly post a comment below…
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Allen Taylor
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