Equity calls: Choksey, Sharma
Published on Tue, Jul 08, 2008 at 08:49 , Updated at Tue, Jul 08, 2008 at 13:01
Source : moneycontrol.com
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Deven Choksey, KR Choksey Securities: The market is still trying to put a bottom in place 7 that is why selling has been seen at every rise. We may see one more round of selling and the Sensex may bottom around 12,300-12,800 levels. After this it may go up to 16,000 by September. Left withdrawing support has been largely factored in and only a knee-jerk reaction is expected. VK Sharma, Anagram Stock Broking: Discount in the Futures suggest increased short build-up and the market is headed lower. Support for the Nifty is seen at 3850. More weakness is likely in Reliance Industries and Reliance Communication on short build-up. |
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Worse slowdown yet to hit markets
The Media often gets away with many things because public memory is just short! This is one thing you can keep sho...
in Market Outlook - Short Term - rameshaha at 11-Oct-08 07:31
WILL NIFTY HIT 3600 & SENSEX TOUCH 12000
Dear Frends, Still the possibility of becoming situation more & more worse in the market can not be rouled out. T...
in Market Outlook - Short Term - snvaish at 11-Oct-08 06:58
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