2. Elections hold the key as a sudden fall will be seen due to a hung parliament as markets do not like uncertainity. Do not be surprised if BJP and Congress join hands as in politics there are no permanent friends or foes but only permanent interests.
3. Nifty has a stiff resistance at 3750 and Sensex has resistance at 14,000 points. One must take the opportunity to get out of the dud stocks, mid, small and penny stocks which had soared high in the bull-run. It is to be noted that quick bull runs do take place in bear markets and one must take maximum juice out of it.
4. One can see that this rally is an indicator that recovery is in sight as stock markets smells recovery first and this time may be in excess of 6 months. This recovery is confirmed by steel and cement higher despatches and recovery is likely by September-October.
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