Hi Friends
On Monday I had posted my view that the downside in Nifty would begin once we breach 5320. But I have fallen flat on my face and Nifty has surpassed 5500. So lets stop guessing where will Nifty end its run and instead dance till the music is ON.
I had also mentioned that LT at 1365 will come down to 1300. However my target was only partially met and LT made a low of 1316 before bouncing back with renewed rigour to 1450.
Lets be stock specific and buy quality stocks like Cairn, TCS, Mcleod and LIC Hsg on dips.
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