Also kindly note that BEML is not just a Rly based stock. It has signifcant presence in defence, mining etc. Dont Panick. If you were a trader then you should have sold out at 850 levels as it was very clear that Rly budget expectations were already priced in and there would have been a correction
2.38 PM Jul 8th 2014
Nifty has been rising from steadily from Low of 5933 on 04-Feb-2014 till high of 7758, A rally of almost 1825 points in 94 trading session which is a huge move. Market in short term is rising based on Budget expectation which will be presented on 10 July. I have discussed Nifty performance on Union
8.16 PM Jul 7th 2014
Hi, everybody, Nifty Fut Volumes are not supportive with the rise, I am not convinced about the rise totally. May be we will have to wait and watch, but should close above 7625 spot. Then the rally will be good and may see more volumes. I feel this rally seems to for budget, expect Nifty @ 7950
2.05 PM Jun 30th 2014
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.