After breaking out of the broad range of 4350-4730 now Nifty may form a base here. Yesterday Cement and Sugar sector had the initial start but follow through buying was not seen. Dollar is coming down sharply and this may augur well for commodities stocks like metal, oil and gas . Sesa Goa may see some action along with Sterlite and HOEC.
but do not rush, wait for dip to buy.
Wednesday, September 9, 2009
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