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Monday, December 22, 2008
Sokhi Market OUTLOOK for 22nd December !
Markets on friday did a ZIG ZAG and finally closed flat , SENSEX closed near 10100 and it looks like bulls are slowly taking the center stage .
US markets markets too closed in flat , the markets which were slightly positive for major part of the day closed in flat to negative with the news of auto bailout.
Asian markets are trading in green
Indian markets may open positive and may trade in positive zone , with news of the second stimulus package bulls are set to take the center stage , this week we may see some value midcaps to participate in the rally . With the Auto bailout we see some auto stocks as well as automobile accessory stocks to outperform the markets
Some of the sectors we would like to go long in this week are OIL marketing companies , Auto sectors, Metal & Fertiliser sector , we would also like to advice members to book profits in infra and reality stocks in this run
Overall we expect a poistive week for the markets and a particularly a positive day today.
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DISCLAIMER
All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.
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