Sub:
The mantra is sit with cash
Hi All,
U.S. stocks rise continous 6th day, also rest of the world indicies are edging higher, Indian markets are caught by bears due to raising inflation on worry of further raise of Interest rates by RBI, and daily earthening various scams in India.
For Nifty 5200 acts as a strong support and on the upside 5400 will acts as a strong resitsance.
The mantra is sit with cash, on side lines of the market. Yestrerday move looks like consolidation before a move up, but don’t buy immediately.
Refex Refrigerants Ltd: Share holders of Refex Refrigerants Ltd approved issue and allotment of upto a maximum of 4,00,000 equity shares of Rs. 10 at an issue price of Rs.200 per equity share including premium of Rs.190 per Equity share, which shows confidence of promoters in the performance of the company.
Oriental Carbon & Chemicals: Came out with 9.39 Crores of Profit for Q3 FY11 against Rs. 7.46 crores in the same quarter during Q3 FY10.
VenkiStockCalls.
No comments:
Post a Comment