Market on friday ( 05-10-2007 )

One word for friday Important day

few Things to note :

Strong Point :

(1) Power Grid listing tomorrow Hopefully it will list on 50% premium.

(2) Tommorow Unitech gets into the Nifty and therefore we have had a meaningful rally in Unitech.

Weak Point :

( 3) Weak Global cues.


But all in all, it is still not breaking down, it is not falling. That is the message you take away. It could go on to correct, but right now the bulls have managed to come back every time there has been a dip in the market. It looks like the foreign money is still coming into the market on every dip.

Tomorrow is a Important day in market , Decide lot of things.But i can say again we will see volatility in market.Be cautious.

Note : Market is volatile but still you can buy at lower level .In Long run market have a long route still to walk.