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Tuesday, July 7, 2009

Sokhi Market Outlook for 7th July :-)

Markets tumbled due to huge expectations of the market men and dumped the stocks heavily resulting a bad Monday. Even though FII dumped our DII were net buyers and Huge of cash waiting for the markets to enter.

US markets ended with flat note and Asian peers are trading with flat to negative bias.

We assume that markets are in oversold zone for the status quo budget and likely rebound sharply in coming days.

We recommend our clients to accumulate stocks which we mentioned in our previous sessions at every fall and wait for the markets to return sanity and exit with good profits.

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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.