1. The NTPC issue blew up in the UPA s face.
Its a blot on the MMS s govt.
2. The bombing of the NTPC issue might force a rethink on the other issues planned for the future.
3. The deficit scare of Greece and Portual brings into focus, the almost certain double digit deficit number of INDIA.
4. The Dollar Index has moved above 80.....Risk aversion......fii s sucking out money from emerging markets.
Most important reson....
5.Almost all brokerages having the view that NIFTY will take support at 200 DMA, Approx around 4625 and may not go below that....
HELL YES!!!! 4500 before budget looks like a reality!
...Singh...
4650 buy nifty target 4950 stopl 4600
jo bhi kah raha ki nifty 4500 wo pagal ho gaya wo do pag le mcdoweel ki sharab pi ki so jaye usko market nahi rahna chaiye ghar ja fdd kar paisa safe rahe ga
now the pain is over & mkt will recover from next week.....It`s buy time guys .......pour money pour as much as you have ....It`s hariyali time now ......
The Sensex and Nifty seemed to be in the process of a major correction. One should be mentally prepared to see Nifty coming down to 4500 even before the budget
| NIFTY 
