Sensex and Nifty market move on monday 25-08-2008
August 24, 2008
Sensex is going to move up by minimum of 300 points on 25.o8.2008. Nifty will go up by 150 points.
For most of the traders, market seems to be weak now. China Olympics are over today. Steel Prices internationally are coming down. Oil is shooting upto 121$/b (may go to 135 levels). Rupee is weak (it is more than 44 at hdfc) Inflation figures are not less than 13% (most of veg are more than Rs 50 per kg in pune.
Sensex will go upward even with above negative situation. In first hour market will open with dip and will crash to some extent, after that it will start moving up.
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