- Market may open gap up on Monday, April 26.
- SENSEX may cross 18000 during end of April/beginning of May.
- The bullish trend is intact and it is wise to remain bullish for next month.
- Metal sector for a short period may show weakness.
- Reliance looks good with short term target of 1375 and long term target of 1750.
- Pharma sector is attractive. Keep an eye on good pharma shares.
- Cement stocks like Gujarat Ambuja and India CEment are good picks at this level.
- Some stocks to watch are: CHEMPLAST SANMAR, ASHOK LEYLAND, NTPC, NHPC, BURNPUR CEMENT.
These are only my views based on my experience of the market since 1989 and nobody should take my tips as guaranteed to come true. I am not responsible in any manner if I go wrong because...I AM NOT OMNISCIENT.
Sunday, April 25, 2010
MARKET TREND
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