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Sunday, December 12, 2010

Only Metal Shares looks Strong

Nifty Falled from 6300 to 5800. But metal shares still at same price and looks very strong.

Tata Steel at 620 around and Hindalco around 220. If Nifty stay above 5750 then Buy Metal shares for a big jump on tata steel and Hindalco 30% appreciation from here.

But if nifty fall below 5750 for a target of 5450 which is having a great possibility then one can buy tata steel and hindalco at some lower price .

Stay away from banking ,reality and telecom for some time until some confirmation not come in market.

These sector is just depending on all local news floating in market.
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