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Monday, October 22, 2007

Market on Tuesday

SEBI today Meeting mitigate the anxiety to some extent. But the ministry has actually given a warning that it is going to take whatever steps are necessary to curb trillions of dollars in hedge fund money, that is changing momentum throughout the world. It is a work in process and how it eventually evolves remains to be seen. But participants have been put on notice. This is the first step toward achieving a more stable market.

Market try to Stabilize on tuesday.but i would like to say still market is not as much stablize,So be cautious.Market need some more time.Be cautious.

Tips : Buy Banking shares,ICICI,SBI,HDFC for short term profit.Buy Cement sector too for short term profit.

Suggestions : Get away from Steel and Energy sector.
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Indian Stock Market : A technical View by Niftysuretips.com