Market today..

06/11/07

It was an very intertesting day today and the way reliance pack have started unloading their points, it was horrifying and everybody started thinking of corrections and nifty infact is still above 5700, the only silver line today and if 5700 is maintained , still upside is possible.But, if 5700 is taken of then move towards 5500 is almost certain.Tomorrow it wil be interesting to see whether nifty breaks 5700 or not and even even more interesting to watch stocks like rpl, rnrl etc as they have already fallen too much in a single day and near to their supports as well.

In the Stock Watch Section, Punjab National Bank zoomed to 572 just short of 580 target given by me and Reliance Indutries zoomed to 2755 and i was expecting minimum 50 points from 2735 and that was around 2785 and so fell short of 30 points.