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I believe in "Baptism by fire" that will transform me from an average joe to a true blue bee's knees in corporate finance and investment banking

Sunday, April 12, 2009

Market outlook for Monday

The markets may continue their positive tone for monday provided the 200 day moving average is violated on the upside. The 200DMA stands at 10913 and beyond that we can expect the markets to continue their upward journey to 11600 despite the markets appearing overbought.

Tomorrow's picks

IRB infra ..above 105 the stock can touch 120
Cautious approach to Reliance infra advised

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