Monday , Important day on Reliance Power listing .Market may take a jump on monday , i dont think market maynot close at much high level .Hold reliance Power share if you got it in IPO allocation.you will never get it again at IPO price, but Dont buy more share at this level.
We do have a lot of potentially negative events to go through in the global economic world beyond February. Occasionally we will have those weeks where the Fed cuts interest rates and the markets globally have a bit of an exciting time.
But overall, it is unlikely that between February and this year, and say June and July, we will have too many positive events. And there are going to be a lot of confessions globally and a few on earnings and fundamentals front in our economy as well. So overall I definitely feel that these are going to be rocky middle months for us after the Budget.
Market may take a dip this week , try to touch its previous low .Feb and march is good month to buy shares for medium term , because market rise well after march.Stock like IFCI , ispat reliance industry , reliance petro, Public bank sector may be good buy at this level.
Infact Hindalco may be a good buy for short term profit.
This week startegy is wait and buy.Track shares and buy at good level.
Note : Any tips on this site is just for short , medium and long type investors , not for traders.
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