Market Summary 21-09-07

It was a turnaround story today .. When markets openend it was looking like it will go atlest a 100 points down from here the breadth was negative and decline ratio was much more high .
But the comp to gain the market capitalization between the two bros made the market to take a u Turn and change the mood and when the mood changed its all Reliance everywhere who made their investors richer richer and more richer ...
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Sensex gained almost 216 points and the week ended with figure of 16564 gaining almost 1000 points within one week .
Nifty too ended with a figure of 4837 therefore again crossing above one more resistance level of 4800 ..
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Total turnover has been recorded at Rs 1,00,807 crore.

Our morning call on RIL , Ril infra , REL all made their life time highs ,,
RIL from here can move forward another 70-100 rs
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with Ril infra again on circuit .. we had given the trgt of 1000+ in ril infra which was achieved today , call was given @575...
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But the stars of today were RPL and RNRL .. surprize move by them astonished everyone..
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RPL we have suggested as buy call yesterday only as BTST so it gave profit more than 40,000 rs ..
but RNRL is not as strong as RPL .
Our best buy REL made another high and noww we have the trgt of 1150-1200 on it in cming time ,
IDBI made its dream run today and crossed 144 level , nxt trgt on this would be 154 after crossing 150( Profit in IDBI only for today is 14K)

Fintech did'nt gave chance of buying as it surged more than 100 rs on opening bell.

We have started looking at IT now and the story will start shifting towards them noww .
IT tried to give comeback in the closing session after a selloff in the morning ..



BSE Realty index made the maximum gains this week, gaining 14%. The BSE Oil & gas too added 12%. BSE Bankex surged 7.5% over the week and metals, 6.9%.

Markets are on high wave and a complete bull zone we suggest u take a ride but be aware and dont forget to leave ride as soon as it give u a signal of stopping and getting slow..

With tha kind of one sided rally going on we can easily touch 17K and ..and from there the where market will move .... we will c next week ..

Have a grtt week end .. cheers
TEAM MONEYMAKERS ...