Copper has breached its 2011 support and is heading down. In fact all commodities seem to be breaking strong supports. A depression is predicted for Europe. Now how will it translate for India? Cheap commodities are great and we can build our infrastructure but a depression or even continuing recession in Europe could hit US, China and rest of the world economy and can impact money flowing into India. So falling commodity prices need not help Indian stock market -- unless India is "rediscovered" by global investors as the only economy that benefits from a global recession.

Strange, unrealistic bull markets can develop and surge without fundamentals, from the ashes of despair. Like the technology boom of 1999. I am not predicting one in India. But watch out for high volumes. if institutions are piling into India even as the rest of the world falls to pieces, we should not wait to pitch in.

As I always say, volumes, VOLUMES is the key.

SBI is good above 2099.50...............

Sanjay

My intension was not to hurt you or any body.

I felt it that this should not be done again. Please it hurts me. hence I requested not to repeat with that word.

I am Sorry if it hurts you.


Sanjay

But sanjay ji,
Really the word Drama hurts. There is no purpose to make a drama here - that too so many senior boarders on the board rating it.
However, I am marking all those msg offensive so that it doesnt get reposted again.

Sanjay ji,
I havent reposted. I am sure. Mr speedysingh has only reposted.

Thank you sir, also request for itc levels

Hi, good see you back in action !

DLF is in a bullish rounding bottom pattern. DLF and IFCI charts will be updated with the levels to watchout.

Thank you Bullbir bhai :)

Sanjay ji request to advise dlf levels

Watch SBi ...and Buy Larsen only above 1375 closing


Sanjay

I have exited SBI at cost

Good Morning Sanjay JI. I had seen your posts of my requests. except DLF and Tata Motors. Thanks with regards.

Nifty need to close above 5749...5787...than is good and below 5711..5672..is weak.


sanjay

Sanjay ji,
Please Give details on Nifty and DLf.
Thanks and Regards