Market surged for more than 2000 points in a day and created history.
You must have read by now many different headlines in the newspapers
like sensex gives salute to the stable government, and all. But have
you realised that when a hand is raised to give salute to something,
it needs to come back to it's proper place again after saluting!! I
hope you understand what I mean. As such nobody can say what will
happen today but certainly any prudent person would book profit and
the people who are feeling left out in this rally would buy. Now, this
buyers and sellers will drive the market. If sellers are more, the
market will decline. If both are almost in equal number market will be
flat. And if buyers are more , which is the likely cause, the market
will rise. Many funds are waiting on sideline before the event but
they will invest on dip. Hence, a small correction is expected. Market
range is now shifted upward and you should not be surprised if market
touches 15500 mark very soon.
See you on market opening,
Wish you a very happy governance,
Jagruti.
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