We have been of the view that the rally may fizzle out soon and Global markets are also showing topping out pattern especially as we head into September, historically a rough month for the stock market.Metal , Oil will remain under pressure but Mid Cap will be place to hide.
REC has again broken out of a range. Sugar stocks has shown resumption of uptrend after correction. Textile stocks are also strong on chart. Arvind Mill, Balrampur Chini REC are safe bet.
Monday, August 31, 2009
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