Stocks To Keep A Close Eye On

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PGDIMES

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Dear SG,

Shall I go long in Vij 100CA @ 2.25 or IFCI 60CA @ 2.50!!! Though both are looking weak...
 

gauharjk

Well-Known Member
Advance Tax Numbers being released today. I have a feeling that market would bounce back and close flat today because the numbers are going to be good.

Tomorrow expecting RBI monetary policy update. If interest rates are raised again, then we will see Nifty 5700 in the next few trading session for sure... That is why Banking sector is being sold off today... Who knows what would happen tomorrow?

My dear SBI... please remain stable...
 

gauharjk

Well-Known Member
Chinese index HangSeng was sold off around the same time as our Nifty collapsed from 5940 to 5890. HangSeng is down 1.75% at this time...

Metals, OMC and Software sector are very stable. They are holding up the index. Otherwise, with the kind of cuts we have seen in Banking stocks, Nifty could have crashed to 5850 levels. Hopefully, after 1:30, we could see some strength and stability.

Cheers!
 
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gauharjk

Well-Known Member
SBI is now below 2700. Keeping a buy of 10 shares at 2690 and 2680.

Its almost 1:30 pm. SBI is at 2695. Lets see how European ques affect Nifty. Bounce Up or Fall Down?
 
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