Well, Nifty is forming a base and Dollar has again fallen and made a new low of the year. This will give commodity some boost but one should not forget that it will bring some inherent risk to equity market also and soon equity market may follow the course taken by dollar.
At present there are no apparent sign of any weakness therefore, one should ride the move and mint money.
Tea stocks have started moving up after the correction and so are the shipping stocks.Harrison Malyalam, Mcleod russel, Jayshree Tea , Assam tea , ABG Shipyard and Bharti Shipyard are some of the stocks one should buy
Wednesday, September 9, 2009
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