I welcome Mr.Tariq Pothiawala to my blog. Hope this blog will help you decide the trend of the market.
The market is standing at very crucial level, where it is difficult to make a judgement or take any call. One should wait and watch and carefully decide.
Banking index, Auto index very bullish. Realty will give great returns in longer term.
Dow Jones industrial, FTSE100 and Nasdeq have either crossed 52 week highs or almost reaching at that level. With this push our market may turn its trend but we have a crucial event the budget in this month and it may become a decisive factor. We may reach our 52 week high or not and may it be the strongest resistance for us or not is to be watched for.
However, in any market followings are still very good.