Thursday, November 19, 2009

Mild correction before a breakout...

sensex broke the 6 days upward trend to close at 16785 with nifty nose diving 60 points odd to 4989 led by real estate, banking and capital goods stocks. i expect the market to bounce back 35 points on the nifty tomorrow led by metals , FMCG and pharma stocks by the leaders will have to be the big boys like the ongc's and reliance who have a significant weightage on the indices.

some stocks to look forward to tomorrow are suzlon because of the hansen stake sale buzz , sun pharma because of the drug approval in the US , mercator lines , ICICI Bank , dishman pharma.

some of the gems i would advise my readers would be " sulzer " , sunil hitech , facor alloys , REC , lakshmi energy , walchandnagar industries and TV18. Keep coming back for more updates and brokerage reports.

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