Oil Prices and Short Covering
Yesterday's 100 points rally is due to declining trend global oil prices and short covering in Indian markets. My technical analysis software shows large number of scrips turning up.
Buy for quick gains.
Buy for quick gains.
- Punjab National Bank
- Varun Shipping Co. Ltd
- Balrampur Chini Mills Ltd (can be kept for long term)
If market again rally 100 odd points in Nifty, then buy Nifty Aug. 4300 or 4400 puts .
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