Tuesday, March 27, 2007

Closing Review - Mar/26

After 1000 points rally in the sensex, bulls could not run further. As Tuesday would be off, people didn't want to carry their positions. And it seems we have successfully tested the 13100 levels today. This is inline with the expectations and there is absolutely nothing to be worried as of now. This has given a nice opportunity to enter at lower levels and good platform for further rises. What is in store for markets when they open on Wednesday? Well, we will see that on pre-open.

And after the Tea and Banks, it is the turn of Sugar stocks to come into the forefront in the rotation game. With always, "news follows market", sugar is having its day out there. It is likely to be continued for 1 or 2 more days.

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