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Well as against what I wrote here, yesterday the markets were flat till noon and then a surge started and rest is in front of you all. Surprisingly the markets gained and sensex closed 302 points or 1.96% up,nifty closed 81points or 1.73% when the Asian markets were trading very flat. In a highly volatile trading session yesterday in US markets, Dow and Nasdaq lost close to 0.89% and 0.69% from their previous close due to concerns about higher crude oil prices which has touched $140/barrel levels already.
The Asian markets are also fluctuating very much.Currently Nikkei-225 is up by 0.4%,while other Asian markets are trading flat. Can we have a similar trading session like yesterday? Lets wait and see how the ball rolls.Banking and Realty stocks did come back yesterday.
Intra day calls for June 18th: Divi’s Lab(cmp 1597),sasken(cmp 160),Shyam Telecom(cmp 88), UCO bank(cmp 42), JP Associate(cmp 188),Piramal Life sciences(cmp 197), Essar Oil(cmp 249),torrent Pharma(cmp 185),Aptech( cmp234),Bank Of Baroda(cmp 255),Tata chemicals(cmp 369).
Happy Trading!
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