Wednesday, February 16, 2011

Morning Market View 16th February, 2011


After a good pull back market seems to be consolidating at the current levels. The level of 17000 of the Sensex seems to be the bottom as of now. If the budgetary announcements do not disappoint and inflation continues to slow down we can expect markets to form a base over the next couple of weeks. However, buying may be done in a staggered way using all declines to gradually add stocks.

No comments: