Sunday, March 18, 2007

Market to stablize by the end of next week

Hi all,
The stock market is volatile but still not in the grip of bears. No one can short or go long in such scenario. It is better to wait for next 8 to 10 market session and let the market stablize. Once the market trends gives clear signal in next week one can start accumalting IT, Auto, Auto Ancillary, Engineering and good mid/small caps like GDL, Tanla, Pudumjee pulp, Wockhardt, Unichem Lab, Hotel Leela, Technocraft like stocks. It is better to stay away from cement, sugar and construction for next 3 to 4 months.