INTRADAY CALL , MARKET OUTLOOK, FREE TIPS, FOR FRIDAY:WWW.ASHOKSHARMA.CO.CC
Is there any bull market taking shape anywhere in the worldright now, there is a multi decade bull market making its presence felt VERY STRONGLY . Well the economic data released or to be released today will stand testimony to the fact. China’s GDP growth is staggering 19% . Other emerging markets data is also positive surprise. Us trade data is also encouraging. Today INDIA’S IIP data will be around 12%.”India is on the verge of unprecedented multi decade growth. I have allocated 100 per cent of my portfolio to equity asset class”, Well the behavior of Indian market today is vindictive of what I have said.
While US stocks closed POSITIVE, Europe is also trading on a positive note whereas Asian markets opened positive. All these suggest positive direction of the market.
But believe me my friends there is no shortcut in the share market . Many forgotten stocks were flying around with small investors chasing them in the hope of quick buck. Well our strategy for TODAY will be same. Focus on midcap and small caps forgetting about the nifty which should be left alone to cross the hurdle of 5180 convincingly with volume and positive breadth.
TODAY’S MARKET POSITIVE,NIFTY RANGE 5100-5200.
TODAY’S PICK : EKC